Oil Steadies as Market Weighs Up Supply Risks
Oil prices steadied on Wednesday as investors awaited developments on U.S. President Donald Trump's tighter deadline for Russia to end the war in Ukraine and his tariff threats to countries that trade its oil.
The most active Brent crude futures were down 5 cents or about 0.1%, at $71.63 a barrel by 1226 GMT while U.S. West Texas Intermediate crude slipped 5 cents to $69.61.
The Brent crude September contract that expires on Wednesday was steady at $72.50.
Both contracts had fallen nearly 1% earlier in the day...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.