Oil holds steady as US stockpiles shrink

Oil holds steady as US stockpiles shrink

10-30-2024

Oil holds steady as US stockpiles shrinkInformation / Baghdad..
Oil prices steadied on Wednesday, helped by industry data showing a surprise drop in U.S. crude and gasoline inventories.

Brent crude futures rose 21 cents, or 0.3 percent, to $71.33 a barrel by 00:02 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 22 cents, or 0.3 percent, to $67.43 a barrel.

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