Oil prices rise on weak US stock data

09 May 2003
Oil prices rose on 8 May on the news that US crude stocks fell 0.3 per cent to 287.2 million barrels in the week to 2 May.

Oil prices at 1500 GMT on 8 May, compared to the previous day, were:

Brent rose $0.75 to $24.83

Dubai rose $0.13 to $23.21

WTI rose $0.21 to $26.29

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.