Crude oil price remains relatively stable amid mixed economic data
Brent crude futures rose slightly at 0.13% to trade at $45.23.
Brent crude futures rose slightly at 0.13% to trade at $45.23.
In recent weeks, oil demand has really suffered a setback.
Brent crude is expected to stay below the $45 resistance levels in the coming days.
Crude oil prices started the trading week at London's session with a decline, due to growing concerns on oil glut. ...
Despite the drop, Brent crude is still expected to experience its fourth monthly gain in July.
Brent crude gained about to trade at $44.32 a barrel by 3.49 am.
Brent crude futures gained 1.46% while West Texas Intermediate (WTI) rose 0.91% to trade at $41.81.
Brent crude lost about 0.59%, to trade at $43.52 per barrel by 05.33 am GMT.
OPEC+ is expected to further step up oil production cuts beyond the July expiry date.
Brent crude lost about or 1.62 to trade at $42.04 per barrel.