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Oil prices jump 3% after US air strike on Baghdad airport

Updated : January 03, 2020 09:47 AM IST

Brent crude futures jumped nearly $3 to hit a high of $69.16 a barrel, the highest since September 17. The front-month Brent March contract was at $68.25 a barrel, up $2.00, or 3 percent, by 8:28 AM IST.
US West Texas Intermediate crude futures rose $1.76, or 2.9 percent, to $62.94 a barrel. Earlier, it touched $63.84 a barrel, highest since May 1.

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