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WTI Tops $102; Brent Above $116

Source
Minseung Kang

Summary

  • International oil prices showed short-term gains, with WTI rising 2.61% to $102.72 a barrel.
  • Brent crude traded at $116.14 a barrel, up 1.79%, while gold rose 0.06% to $4,028.86 an ounce.
  • European stock markets, including the Euro Stoxx 50, FTSE 100 and DAX, were weaker, while the dollar-yen exchange rate and the offshore dollar-yuan exchange rate also fell.

International oil prices are showing renewed short-term gains.

WTI rose 2.61% during trading on October 23 to $102.72 a barrel, according to cryptocurrency-focused media outlet Odaily. Brent crude also gained 1.79% to $116.14 a barrel.

At the same time, gold rose 0.06% to $4,028.86 an ounce, while silver fell 0.26% to $53.99 an ounce.

European stocks were weaker. The Euro Stoxx 50 fell 0.97%, while the U.K.'s FTSE 100 dropped 0.73% and Germany's DAX declined 1.15%.

In foreign-exchange markets, the dollar-yen exchange rate fell 0.19% to 156.446 yen. The offshore dollar-yuan exchange rate also slipped 0.05%.

#Precious Metals
#Exchange Rate
#Oil Price
Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.

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