Reported 1 day ago
Oil prices have increased, settling above $72 a barrel due to ongoing uncertainties in global supplies and a weakening dollar that enhances the allure of commodities. Recent disruptions in a key Kazakh pipeline and OPEC+ potentially delaying production increases contributed to the upward trend. However, trading has stabilized following a volatile start to the year, with U.S. crude inventories rising and gasoline futures responding positively amid shifting refinery activities.
Source: YAHOO