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Oil prices gain as focus shifts to supply recovery and demand
SINGAPORE: Oil prices edged higher on Tuesday, though gains were capped as traders looked beyond easing geopolitical tensions in the Middle East and turned their attention to supply increases and demand prospects. Brent crude futures gained 38 cents, or 0.5 percent, to $72.37 a barrel, while US West Texas Intermediate crude rose 30 cents, or 0.4 percent, to $68.85 a barrel as of 06:50 a.m. Saudi time, after settling down at around pre-Iran war levels on Monday.
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arabnews.com
Oil drifts down after OPEC+ agrees to raise output targets
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…
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timesofoman.com
Oil prices ease as Opec+ agrees to boost otput from August
Oil prices edged lower on Monday after Opec+ agreed to raise production targets further from August 2026, as exports from major producers continue to recover, potentially adding…
