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WTI oil price jumps 5% on supply worries

Last Updated 07 July 2022, 15:49 IST

The price of WTI crude, the main US oil contract, jumped more than five percent on Thursday on supply concerns due to a possible blockage of Kazakhstan's exports.

At 1359 GMT, WTI was up 5.7 per cent $103.63, while the main international contract Brent North Sea was 4.7 per cent higher at $105.39.

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(Published 07 July 2022, 15:44 IST)

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