Oil surges ahead of inflation data after lacklustre week; brent crude at $82.88/bbl

Oil surges ahead of inflation data after lacklustre week; brent crude at $82.88/bbl

Oil prices saw a slight increase in subdued trading due to public holidays in Britain and the United States. This followed a week marked by concerns over U.S. interest rates amidst persistent inflation.  The Brent crude July contract rose by 76 cents to $82.88 per barrel by 1411 GMT, while the more active August contract … Read more