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Oil Prices Rise 1 Percent After 3 Weeks of LossesSingapore, 17 Mar (ONA) — Oil prices today rose about one percent at the
start of trading.
Brent crude futures rose 72 cents, or 1.02 percent, to $71.30 a
barrel. West Texas Intermediate (WTI) crude futures also rose 72
cents, or 1.1 percent, to $67.90 a barrel.
Oil prices had risen slightly last week, ending a three-week
losing streak, due to concerns about a global economic slowdown
caused by escalating trade tensions between the United States and
other countries.— Ends/Khalid
