Brent crude prices rise around two and a half percent

Brent crude prices on Wednesday (18th October 2023) rose around two and a half percent amid the escalating conflict in the West-Asia threatening to disrupt oil supplies from the region.

In



intra-day trade, the Brent crude was trading at 92 dollar and 22 cents per barrel. Western Texas Intermediate crude price was trading at 89 dollar and two cent per barrel when reports last came in.