NEW YORK / RankWire.AI / – Oil prices settled higher Tuesday, with Brent crude futures rising 3.01% to $74.16 a…
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Oil prices extended gains, settling above $72 a barrel as supply concerns, OPEC+ policy uncertainty, and a weaker U.S. dollar supported crude amid market volatility.
Natural gas prices surged up to 20%, reaching their highest in nearly a year, as forecasts predict below-average January temperatures across the U.S. East Coast, driving energy demand.
Kuwait’s crude oil price surged by $4.5 on Wednesday, reaching $75.40 per barrel, driven by concerns over Middle Eastern tensions and market uncertainty, according to Kuwait Petroleum Corporation.