Reported about 1 month ago
Oil prices remained steady as the U.S. reported a smaller-than-expected decline in crude inventories, countering supply disruptions from Libya. Brent crude dipped slightly, while West Texas Intermediate rose marginally. Concerns over political strife in Libya, which has led to significant drops in oil production, alongside expectations of upcoming interest rate cuts in the U.S., have kept market dynamics tense.
Source: YAHOO