Reported 1 day ago
Oil prices have stabilized as market participants anticipate easing trade tensions between the EU and the US ahead of an imminent OPEC+ meeting to discuss supply policies. Brent crude is trading below $65 per barrel, reflecting stability despite fluctuations caused by trade disputes and potential new sanctions against Russia. Analysts expect OPEC+ will agree to increase output soon, following preliminary discussions about a notable rise in production levels for July.
Source: YAHOO