Scattered Clouds
clouds

18 April 2024

Amman

Thursday

71.6 F

22°

Home / Business

Oil prices steady on worries about geopolitical risks to supply

02-12-2025 10:38 AM


Ammon News - Oil prices held firm on Tuesday as traders weighed up risks from Ukrainian drone strikes on Russian energy sites, mounting U.S.-Venezuela tension and mixed expectations for U.S. fuel inventories.

Brent crude futures rose 7 cents, or 0.1%, to $63.24 a barrel by 0657 GMT. U.S. West Texas Intermediate crude gained 13 cents, or 0.2%, to stand at $59.45 a barrel.

Both benchmarks advanced more than 1% on Monday, while WTI was near a two-week high.

Reuters




No comments

Notice
All comments are reviewed and posted only if approved.
Ammon News reserves the right to delete any comment at any time, and for any reason, and will not publish any comment containing offense or deviating from the subject at hand, or to include the names of any personalities or to stir up sectarian, sectarian or racial strife, hoping to adhere to a high level of the comments as they express The extent of the progress and culture of Ammon News' visitors, noting that the comments are expressed only by the owners.
name : *
email
show email
comment : *
Verification code : Refresh
write code :