Oil prices steady near $70 as Middle East risk premium eases, while Abu Dhabi’s Murban crude outperforms Brent and WTI on strong Asian demand.

Oil prices steady near $70 as Middle East risk premium eases, while Abu Dhabi’s Murban crude outperforms Brent and WTI on strong Asian demand.

PERTH/SINGAPORE: Oil prices inched lower on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the Strait of…