Reported 1 day ago
Oil prices continued to climb for the second consecutive day, driven by positive sentiments surrounding US trade negotiations and a tight diesel market. Brent crude neared $70 per barrel, supported by remarks from Indian officials about potential agreements before August 1. Diesel price surges have bolstered niche crude grades, enhancing oil market optimism despite concerns over growing OPEC+ supply leading to a possible surplus later in the year.
Source: YAHOO