Reported about 8 hours ago
Oil prices continued to rise as data revealed a decrease in U.S. crude stockpiles, indicating a tighter supply market. Brent futures increased by 0.3% to $67.82 a barrel, while U.S. West Texas Intermediate crude also rose by 0.3% to $63.62. The uptick was further supported by stalled oil exports from Iraq's Kurdistan region and ongoing supply disruptions from Russia. However, uncertainty surrounding U.S. Federal Reserve interest rate decisions may limit further price increases.
Source: YAHOO