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<Commodity> Supply Concerns Persist, Brent Oil Closes at USD112
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Reports indicate that Chinese cargo ships have been banned from passing through the Strait of Hormuz, causing oil prices to rise on Friday to their highest level since Russia's invasion of Ukraine in July 2022. New York oil futures for May delivery rose by 5.5% to USD99.64. Brent oil futures for May delivery increased by 4.2% to USD112.6. (sw/m) Auto-translated by third-party software This translation was auto-generated by third-party software. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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