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Commodity: Oil prices have changed little

02/07/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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Oil futures were little changed on Wednesday. The markets are weighing on expectations of increased supply from major producers next month, a weaker U.S. dollar, and a mixed set of economic and market indicators from the United States, the world's largest oil consumer

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Le Brent crude was up 2 cents to $67.13 per barrel at 03:45 GMT, while American West Texas Intermediate crude fell 1 cent to $65.44 per barrel. While concerns about supply disruptions in the Middle East's producing region abated after the ceasefire between Iran and Israel, e baril Brent has moved between a high of $69.05 and a low of $66.34 since June 25.

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