Reported about 10 hours ago
Oil prices fell as investors reacted to OPEC+'s recent supply increase of 547,000 barrels per day while assessing the potential impact of U.S. actions against Russian oil imports. Brent crude traded close to $69 a barrel, reflecting a response to increasing global inventories, particularly in China. Despite indications of rising supplies, uncertainties persist regarding the U.S.'s next steps against Russian oil, particularly with regard to India’s purchasing decisions, as geopolitical pressures surrounding the Ukraine conflict continue.
Source: YAHOO