Oil prices rise as supply tightens and a US government funding deal boosts investor confidence. Stay updated on the oil market's latest trends.
Oil prices saw an increase on Monday. Brent crude oil futures for December gained 18 cents, equivalent to 0.2%, reaching $92.38 per barrel.
This rise in oil prices can be attributed to two key factors: a tight global supply outlook and a last-minute deal that prevented a US government shutdown, which boosted investor risk appetite. This surge in prices was driven by expectations of a significant crude supply deficit in the fourth quarter, due to extended supply cuts by major oil-producing nations like Saudi Arabia and Russia.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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