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Raw material: oil is increasing

23/07/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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This morning, oil prices stabilized after three consecutive sessions of declines.

Brent crude futures rose by 33 cents, or 0.48%, to $68.92 per barrel at 00:23 GMT. West Texas Intermediate U.S. crude futures rose 33 cents, or 0.51%, to $65.64 per barrel. U.S. crude oil inventories are expected to have declined last week, as are distillate and gasoline inventories, according to a survey released on Tuesday

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U.S. crude and gasoline inventories fell last week while distillate stocks rose, market sources said, citing figures from the American Petroleum Institute released on Tuesday.

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