BAGHDAD: US crude (UWT) (SCO) oil futures contracts for January delivery rose 1.1% to $57.99 per barrel on December 11, 2017. Brent oil (BNO) futures rose 2.03% to $64.69 per barrel on the same day the highest level since June 2015. Prices rose due to the crude oil supply outage in Britain. The possible strike in Nigeria also helped crude oil prices.
The United States Oil ETF (USO) rose 0.9% to 11.6 on December 11, 2017. It’s the largest US crude oil (OIL) (DWT) futures tracking ETF.
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