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    Oil Prices Surge: WTI and Brent Eye New 2024 Peaks | FinOracle

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    Oil Prices Surge: WTI and Brent Eye New 2024 Peaks | FinOracle

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Oil Prices Surge: WTI and Brent Eye New 2024 Peaks

Oil prices continue to rise for the seventh day in a row, with WTI and Brent aiming for new 2024 highs. Despite downward trends in equities and a stronger dollar, the market remains influenced by upward oil price trends. Analysts predict that oil prices will continue to rise in the short term, potentially reaching new highs for 2024.

by Terry Bingman
Tue, Feb 13, 2024 11:01pm
in Business
• 2 mins read
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Oil Prices Surge: WTI and Brent Eye New 2024 Peaks | FinOracle

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Oil Prices Rise for Seventh-Straight Day as WTI and Brent Aim for New 2024 Highs

In a surprising turn of events, West Texas Intermediate (WTI) crude and Brent futures are experiencing significant gains, while refined product contracts are showing mixed results. With March WTI up by approximately $1 per barrel, the contract is on track for a seventh-straight day of gains. Both WTI and Brent are also moving towards potentially reaching new highs for 2024.

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