Oil prices edge higher as markets focus on supply tightness
newscatcher
2023-09-27 01:31
Oil prices edge higher as markets focus on supply tightness
An aerial view of oil tanks of Transneft oil pipeline operator at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia June 13, 2022. Picture taken with a drone. REUTERS/Tatiana Meel/File photo Oil prices ticked up in early trade on Wednesday, as markets focused on supply tightness heading into winter and a 'soft landing' for the U.S. economy. Brent crude futures rose 33 cents, or 0.4 percent, to $94.29 a barrel by 0015 GMT, while U.S. West Texas Intermediate crude futures climbed 31 cents, or 0.

https://business.inquirer.net/423285/oil-prices-edge-higher-as-markets-focus-on-supply-tightness

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