Oil Prices Rise as Crude and Gasoline Futures Show Gains
The benchmark U.S. crude oil for February delivery experienced a boost of 66 cents, reaching $72.68 per barrel on Friday. Meanwhile, Brent crude for March delivery saw a rise of 88 cents, reaching $78.29 per barrel.
Wholesale gasoline for February delivery also showed an increase, rising by 1 cent to $2.12 per gallon. On the other hand, February heating oil remained unchanged at $2.67 per gallon. Additionally, February natural gas experienced a significant increase of 21 cents, reaching $3.31 per 1,000 cubic feet.
Gold prices also witnessed a surge, with February delivery rising by $32.40 to $2,051.60 per ounce. Similarly, silver for March delivery increased by 62 cents, reaching $23.33 per ounce. However, March copper fell by 4 cents to $3.74 per pound.
The dollar saw a decline against the Japanese yen, falling to 144.89 yen from 145.50 yen. Similarly, the euro also experienced a drop, falling to $1.0957 from $1.0983.
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Source: The Epoch Times
