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U.S. Oil Prices Settle Higher For First Time in 5 Sessions

Wednesday, 5 June 2019 02:16 WIB

Minyak WTIOil,Crude Oil

c_740_198_16777215_00_images_assets_OIL_MW-BA742_oil_pi_20130325142248_MG.jpg

U.S. oil futures settled higher on Tuesday, with prices getting a lift in the wake of declines over the past four sessions, as gains in the U.S. stock market fed risk-on sentiment.

July West Texas Intermediate oil added 23 cents, or 0.4%, to settle at $53.48 a barrel on the New York Mercantile Exchange, nearing erasing its loss from a day earlier. It settled Monday at $53.25, the lowest front-month contract finish since Feb. 12, according to FactSet data.

Source : Marketwatch

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