WTI oil price jumps 5% on supply worries

Published: 08:00 PM, 7 Jul, 2022
WTI oil price jumps 5% on supply worries
Caption: WTI oil price jumps 5% on supply worries.
AFP

The price of WTI crude, the main US oil contract, jumped more than five percent on Thursday on supply concerns due to a possible blockage of Kazakhstan's exports.

At 1359 GMT, WTI was up 5.7 percent $103.63, while the main international contract Brent North Sea was 4.7 percent higher at $105.39.

Categories : Business Tags : World, oil, markets, price

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