Reported about 6 hours ago
Oil prices remained stable in early trading as traders awaited a potential rate cut from the U.S. Federal Reserve. Following a previous surge due to drone attacks on Russian energy facilities, Brent crude fell slightly to $68.46 while West Texas Intermediate dropped to $64.51. The market is closely monitoring the Fed's upcoming meeting, where a 25 basis point cut is expected, alongside factors affecting supply from Russia and inventory data from the U.S.
Source: YAHOO