Crude oil prices may witness rising trend in coming days
Updated: June 27, 2019 13:00 pm
After witnessing a fall, crude oil prices are likely to see rising trend. Oil prices rose more than 2% on Wednesday to their highest in about a month, and Brent crude today stands at $66.30, while US West Texas Intermediate (WTI) crude futures were at $59.19. The momentum in crude is being assessed due to in-principle Sino-US agreement over trade dispute, but ongoing standoff between Iran and America is likely to affect crude oil prices, which may see rising trend in coming days. To discuss this scenario, Zee Business speaks to Energy experts.