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Oil prices rise on Wednesday
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UrduPoint News
(@ChaudhryMAli88)WORLD CAPITALS, (UrduPoint / Pakistan Point News / WAM - 12th Aug, 2026) Oil prices rose on Wednesday morning, with Brent futures gaining 72 cents, or 0.81 percent, to $89.63 a barrel by 0053 GMT.
US West Texas Intermediate (WTI) crude climbed 71 cents, or 0.85 percent, to $83.91.
Both benchmark contracts settled more than $1 higher on Tuesday, marking their highest closes since 31st July and extending gains after jumping about 5 percent on Monday.