E-Paper | March 17, 2026

Oil prices open higher, Brent up 2.82pc and WTI up 2.43pc

Published March 16, 2026 Updated March 16, 2026 04:02am
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Oil prices continue to rise, with both benchmarks opening higher as the war in the Middle East disrupts global supplies, reports AFP.

Around 2230 GMT, shortly after the Chicago Mercantile Exchange opened, US benchmark West Texas Intermediate rose 2.43 per cent to $100.11 a barrel, while the price of Brent, the international benchmark for oil, was up 2.82pc to $106.05 a barrel.

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