Oil up 1% amid market outlook assessment

Oil drilling rigs

Oil prices rose on Thursday as investors evaluated market prospects amid ongoing trade talks between the US and several countries, along with reports that Russia is considering tightening gasoline export restrictions.

 

Brent crude futures for September delivery increased 0.98%, or 67 cents, to close at $69.18 a barrel.

 

US WTI crude (NYMEX) for September delivery leapt 1.20%, or 78 cents, to $66.03 a barrel.

 

Russia is poised to introduce a tighter gasoline export ban, including for fuel producers, in the coming days to tackle rising prices, Reuters reported, citing informed sources.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request