Oil prices gained momentum on Wednesday, spurred by an unexpected decline in U.S. crude inventories and ongoing geopolitical uncertainties. The price of Brent crude for May delivery increased by 1.05%, reaching $73.79 a barrel. Similarly, the American benchmark, West Texas Intermediate (WTI), also for delivery in May, rose by 0.94% to $69.65 a barrel. “The …
The post Oil Prices Climb on Unexpected U.S. Crude Inventory Drop appeared first on AL24 News.