Oil climbs more than $1 on reports of Iran preparing strike on Israel

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Oil prices extended gains on Friday, climbing more than $1 a barrel to pare weekly losses.

The world's largest oil producer pumped a record monthly high of 13.4 million barrels per day in August, the EIA said.(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.

In China, manufacturing activity swung back to growth in October, a private-sector survey showed on Friday, echoing an official survey on Thursday that showed manufacturing activity expanded in October for the first time in six months.

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Category: BusinessFinance

Markets: IndiaChinaIraqIsrael

Topics: Oil prices Israel-Iran conflict Oil prices Israel-Iran tensions

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 14:02:09 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 580 words

Reading Time: 4 minutes read

Sentences: 18 lines

Sentence Length: 33 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23362476

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