Oil Prices Slip On Rising US Inventories, Middle East Tensions Keep Losses In Check
Oil prices declined on Wednesday due to a rise in US crude inventories, although fears of supply disruptions from Middle East tensions and Hurricane Milton limited further losses. Brent crude settled at US$76.58 per barrel, down 0.8%, while U.S. West Texas Intermediate (WTI) dropped by 0.5% to US$73.24 per barrel. US crude stocks surged by […]