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U.S. oil prices post highest finish in more than a week

Clyde Edgerton by Clyde Edgerton
August 29, 2023
in Markets
U.S. oil prices post highest finish in more than a week
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U.S. oil futures gained on Tuesday, settling at their highest in more than a week, as traders continued to monitor Hurricane Idalia’s path and its potential impact on energy operations in the Gulf of Mexico. West Texas Intermediate crude for October delivery
CLV23,
+1.44%
climbed $1.06, or 1.3%, to settle at $81.16 a barrel on the New York Mercantile Exchange, the highest front-month finish since Aug. 18, FactSet data show.  



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