Skip to main content

MoneyWorks4Me

Crude oil futures end higher on Friday

23 Sep 2023 Evaluate

Crude oil futures ended higher on Friday following Russia’s decision a day earlier to temporarily ban the export of diesel and gasoline, which has pushed up prices in Europe. Besides, a private report said that crude prices in the U.S. and in international markets to move up to, or past, $100 a barrel, a level oil has not seen since last year.

Benchmark crude oil futures for November delivery rose $0.40 or 0.5 percent to settle at $90.03 a barrel on the New York Mercantile Exchange. However, Brent crude for November delivery lost $0.03 to settle at $ 93.27 a barrel on London's Intercontinental Exchange.