Crude Oil

Crude oil prices rose in early trading Sunday. The price of U.S. crude oil jumped 6.4% to $87.88 per barrel after trading resumed on the Chicago Mercantile Exchange. The price of Brent crude, the international standard, climbed 6.5%…

The government is reportedly looking at the possibility of procuring US West Texas Intermediate (WTI) crude oil in a bid to reduce the trade deficit between Sri Lanka and the United States. Following the decision by US President Donald…