Oil Prices Rise on Middle East Risks and Chinese Stimulus Plans

  • International
  • 18 March 2025
1

Oil prices rose slightly, buoyed by instability in the Middle East, as well as economic stimulus plans in China. However, global growth concerns, U.S. tariffs, and ceasefire talks between Russia and Ukraine limited gains.

Brent crude futures rose 49 cents, or 0.69 percent, to $71.56 a barrel. U.S. West Texas Intermediate crude futures rose 47 cents, or 0.70 percent, to $67.84 a barrel.

Source (Al-Arabiya.net Website, Edited)

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