Oil prices inch higher in early Asian trade - News Summed Up

Oil prices inch higher in early Asian trade


TOKYO, March 4, 2026 (BSS/AFP) - Oil prices inched higher in early Asian trade on Wednesday, adding to strong gains this week as ongoing violence in the Middle East disrupted supplies. West Texas Intermediate was up 0.5 percent at $74.92. Brent North Sea Crude was not yet being traded. Brent had on Tuesday topped $85 a barrel for the first time since July 2024, with speculation the price could hit $100 per barrel. Equities on Tuesday fell sharply but Wall Street recovered some ground after Trump's comments.


Source: Bangladesh Sangbad Sangstha March 04, 2026 04:01 UTC



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