Oil prices rise 1% after 3 weeks of losses

Image used for illustrative purpose. Getty Images
Getty Images

West Texas Intermediate (WTI) crude futures also rose 72 cents, or 1.1 percent, to $67.90 a barrel

Staff Writer, The Peninsula

March 18, 2025

PHOTO
Image used for illustrative purpose. Getty Images

Singapore: Oil prices rose about one percent at the start of trading on Monday.

Brent crude futures rose 72 cents, or 1.02 percent, to $71.30 a barrel. West Texas Intermediate (WTI) crude futures also rose 72 cents, or 1.1 percent, to $67.90 a barrel.

Oil prices had risen slightly last week, ending a three-week losing streak, due to concerns about a global economic slowdown caused by escalating trade tensions between the United States and other countries.

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