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Oil Prices Rise amid Expectations of US Inventories Decline Singapore, 23 Jul (ONA) — Oil prices steadied in early trading today after falling for three consecutive sessions as a US trade deal with Japan signaled progress on tariffs and a poll showed US crude stockpiles fell last week, indicating stronger demand.
Brent crude futures rose 33 cents, or 0.48%, to $68.92 a barrel.
US West Texas Intermediate (WTI) crude futures rose 33 cents, or 0.51%, to $65.64 per barrel.
Oil had fallen in the previous session after the EU said it was considering countermeasures against US tariffs, as hope faded for a deal ahead of the 1st August deadline.— Ends/Khalid
