Oil Prices Stabilize Amid Large US Stockpile Increase

Reported about 4 hours ago

Oil prices have steadied following a report indicating a substantial rise in US crude stockpiles, with Brent trading above $77 per barrel and West Texas Intermediate near $73. The American Petroleum Institute reported that inventories climbed by 9 million barrels last week, prompting market speculation on the impacts of President Trump's tariff threats on trade. Analysts expect prices to range between $70 and $80 until more definitive market catalysts emerge.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis