Brent crude oil futures rose on Friday as drawn-out Russia-Ukraine peace talks kept geopolitical risks elevated, while traders kept one eye on the outcome of an OPEC+ meeting on Sunday for clues about potential output changes.<\/p>\n
However, U.S. West Texas Intermediate crude futures were frozen after a system outage at exchange operator CME Group.<\/p>\n
Traders said they were informed by CME just before 0300 GMT of the halt due to a cooling issue at its CyrusOne data centres, which affected trading of all futures and options contracts on Globex. Brent oil trades on the Intercontinental Exchange, or ICE.<\/p>\n
Front-month Brent crude futures – which expire on Friday – rose 24 cents, or 0.38 per cent, to $63.58 a barrel at 0452 GMT, after settling up 21 cents on Thursday. The more active February contract changed hands at $63.10, up 23 cents.<\/p>\n","protected":false},"excerpt":{"rendered":"
Brent crude oil futures rose on Friday as drawn-out Russia-Ukraine peace talks kept geopolitical risks elevated, while traders kept one eye on the outcome of an OPEC+ meeting on Sunday for clues about potential output changes. However, U.S. West Texas Intermediate crude futures were frozen after a system outage at exchange operator CME Group. Traders said they were informed by CME just before 0300 GMT of the halt due to a cooling issue at its CyrusOne data centres, which affected trading of all futures and options contracts on Globex. Brent<\/p>\n","protected":false},"author":3,"featured_media":6892,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-19133","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/USBnews24.com\/index.php?rest_route=\/wp\/v2\/posts\/19133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/USBnews24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/USBnews24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/USBnews24.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/USBnews24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19133"}],"version-history":[{"count":1,"href":"https:\/\/USBnews24.com\/index.php?rest_route=\/wp\/v2\/posts\/19133\/revisions"}],"predecessor-version":[{"id":19134,"href":"https:\/\/USBnews24.com\/index.php?rest_route=\/wp\/v2\/posts\/19133\/revisions\/19134"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/USBnews24.com\/index.php?rest_route=\/wp\/v2\/media\/6892"}],"wp:attachment":[{"href":"https:\/\/USBnews24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/USBnews24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/USBnews24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}