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Find all the economic and financial information on our Orishas Direct application to download on Play StoreOil prices rose on Wednesday, maintaining their highest levels since June 23. They are driven by attacks on ships in the Red Sea and by forecasts of a fall in American oil production, while uncertainty over American tariffs hung in
the background.Brent crude futures gained 10 cents, or 0.1%, to $70.25 per barrel at 10:57 GMT. U.S. West Texas Intermediate crude rose 15 cents, or 0.2%, to $68.48 per barrel. Oil prices were also supported by an Energy Information Administration forecast released on Tuesday that the United States will produce less oil in 2025 than expected, as lower oil prices prompted American producers to slow down their business
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