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Oil Prices Gain on US Hurricane Impact Concerns

September 12, 2024, 11.20 AM | Source: Reuters
Oil Prices Gain on US Hurricane Impact Concerns

ILUSTRASI. A worker collects a crude oil sample at an oil well operated by Venezuela's state oil company PDVSA in Morichal, Venezuela.

OIL PRICE - JAKARTA. Oil prices rose during Asian trade on Thursday, spurred by concerns of Hurricane Francine impacting output in the U.S., the world's biggest crude producer, though worries of lower demand capped gains.

Brent crude futures for November were up 40 cents, or 0.6% at $71.01 a barrel at 0330 GMT. U.S. crude futures for October were up 32 cents, or 0.5%, at $67.63 a barrel.

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