Oil Prices Jump 2% on Asian Market, Responding to Russian Supply Situation

NAMPA / Sputnik

2025-11-14

KUALA LUMPUR, November 14 (RIA Novosti) - Fears over tightening Russian supply helped crude prices jump more than 2% in Asian trade on Friday, sharply reversing the decline of the previous two sessions caused by bearish OPEC forecasts on oil demand. By 10:45 am in Singapore (03:45 GMT), West Texas Intermediate (WTI), the benchmark for US crude, was up 94 cents, or 1.6%, at $59.63 per barrel. It earlier jumped more than 2% to a session high of......

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