Publisher: Maaal International Media Company
License: 465734
Thursday, 1 May 2025
Oil prices open May higher
Oil prices rose on Thursday, the first day of May, after recording highest monthly loss since 2021.
Brent crude futures rose 16 cents, or 0.3%, to $61.22 a barrel, while U.S. West Texas Intermediate (WTI) crude futures rose 6 cents, or 0.1%, to $58.27.
Both crudes closed at their lowest levels in nearly four years on Wednesday.
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