October 25, 2024

Oil Rises, Heads for Weekly Gain

Oil prices rose on Friday and are on track for a weekly gain of more than 1% amidst tensions in the Middle East, the world’s top oil-producing region.

Brent crude futures climbed 45 cents, or 0.6%, to $74.83 a barrel.

US West Texas Intermediate cru…

Oil Rises, Heads for Weekly Gain

Oil prices rose on Friday and are on track for a weekly gain of more than 1% amidst tensions in the Middle East, the world’s top oil-producing region.

Brent crude futures climbed 45 cents, or 0.6%, to $74.83 a barrel.

US West Texas Intermediate cru…

3.0 Magnitude Earthquake Hits Northeastern Algeria

An earthquake measuring 3 on the Richter scale struck Bejaia province, northeast of the capital Algiers, Friday, without recording any human or material losses.

The Algerian Center for Research in Astronomy, Astrophysics and Geophysics, in a stateme…