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Home KSA Medina

Oil Updates — crude steady on lower US stocks 

admin by admin
July 20, 2023
in Medina
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RIYADH: Oil prices were little changed on Thursday as a lower-than-expected drop in US crude inventories and a potentially weaker demand outlook kept investors cautious. 

September Brent futures climbed 6 cents, or 0.1 percent, at $79.52 a barrel at 9:45 a.m. Saudi time, while August US West Texas Intermediate crude CLc1 gained 5 cents, or 0.1 percent, to hit $75.40 a barrel. 

US crude stocks fall in latest week on exports: EIA 

US crude inventories fell last week, supported by a jump in crude exports as well as higher refinery…



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