Crude oil prices strengthen gains; Brent crosses $48 mark

0
1

ISLAMABAD, (TLTP): Crude oil prices continued an upward journey in the international market and made modest gains on Wednesday.

At 1545 hours GMT, West Texas Intermediate (WTI) was trading at $45.19 a barrel after gaining $0.28 (+0.62 percent) while Brent crude was available at $48.13 a barrel with an increase of $0.27 (+0.56 percent) as compared to their values on Tuesday last.

Meanwhile, price for Opec Basket was recorded at $44.75 a barrel after gaining $1.37 (+3.16 percent), Arab Light was available at $47.16 a barrel with an increase of $1.61 (+3.53 percent) while price of Russian Urals remained $39.60 a barrel without any change. TLTP