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International Business Times
International Business Times
Business

SHOCKING: Chinese refiners reportedly banned fuel exports in october oil prices are rising again - What They Never Told You

Oil prices are climbing on Thursday over reports that Chinese refiners banned fuel exports in October. (Credit: AFP via Getty Images)

Oil prices are climbing on Thursday over reports that Chinese refiners banned fuel exports in October.

Brent crude, the international benchmark, reversed losses and gained 2.20% at 8:56 a.m. ET, climbing above $100 a barrel again. West Texas Intermediate, the U.S. benchmark, climbed 1.21% and stood at $91.52 at the same time.

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