Reported 8 months ago
Oil prices in Asia slightly decreased as markets remained wary of global demand growth prospects amidst expectations of increased supplies. Brent crude futures fell 0.14% to $84.13 per barrel, while U.S. West Texas Intermediate crude futures dropped 0.17% to $80.19 per barrel. Factors such as higher crude oil inventories and softer oil demand growth contributed to the downward pressure. Analysts are also monitoring OPEC+ supply cuts and refining margins for further market insights.
Source: YAHOO