Oil prices climb on uncertainty over possible rise in OPEC output
Updated : June 22, 2018 08:09 AM IST
Oil prices rose by more than 1 percent in early Asian trading on Friday, pushed up by uncertainty over whether OPEC would manage to agree a production increase at a meeting in Vienna later in the day.
Brent crude futures, the international benchmark for oil prices, were at $74.07 per barrel at 0034 GMT, up $1.02 cents, or 1.4 percent, from their last close.
US West Texas Intermediate (WTI) crude futures were at $66.45 a barrel, up 90 cents, or 1.4 percent.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more