ISLAMABAD: Crude oil prices surged up to 4.13 percent last week after going down 2.17pc in the preceding week. According to details, the US West Texas Intermediate (WTI) reached 73.79 from $70.86, up by 4.13 percent during the week. The low for the week reached $66.44 on Wednesday while the high for the week was on Thursday at $73.79. Similarly, Brent, the international benchmark for two-thirds of the world’s oil, increased 3.55 percent during the week to reach $76.14 from $73.52 a barrel. The low for the week reached $69.60 on Monday while the high for the week was on Thursday near $76.88. During the week, price for Opec Basket decreased by 0.58 percent to $74.23 from $74.66, Arab Light price increased 2.40 percent to $77.54 from $75.72, while the price of Russian Sokol went up by 2.58 percent to $77.87 from $75.91. TLTP
