Arab Today, arab today oil prices hit fresh highs on wednesday
Last Updated : GMT 21:53:08
Arab Today, arab today
Arab Today, arab today

Oil Prices hit fresh highs on Wednesday

Arab Today, arab today

Arab Today, arab today Oil Prices hit fresh highs on Wednesday

Crude
Singapore - QNA

Crude prices hit fresh 2016 highs in its march toward $50 in Asia Wednesday, fanned by escalating wildfires in Canada's oil sands region and hopes of an easing in a global supply glut.

    At about 0700 GMT, US benchmark West Texas Intermediate (WTI) for June delivery rose eight cents, or 0.17 percent, to $48.39 a barrel.Brent for July delivery climbed five cents, or 0.10 percent to $49.33, around its highest levels since October. 

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