BUSINESS, Commerce

Oil Shows 2% Jump In The Market

Oil PriceOil prices jumped about 2 per cent on Thursday, resuming their rally from last week, as a raging wildfire cut production from Canada’s oil sands region.

Brent futures were up 78 cents, or 2.2 per cent, selling at $45.40 a barrel.

U.S. crude’s West Texas Intermediate (WTI) futures gained $1.04, or 2.4 per cent, to settle at $44.81.

Yvad Billings, Readers Bureau, Fellow

Edited by Jesus Chan

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