Oil Prices Remain Elevated as Traders Brace for Volatile Week ...Middle East

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Oil Prices Remain Elevated as Traders Brace for Volatile Week
source : OILPRICE ( Middle East ) () 57
Oil prices held onto recent gains in early Asian trading on Wednesday, buoyed by a complex mix of geopolitical risks, tightening trade policies, and anticipation surrounding the U.S. Federal Reserve’s upcoming interest rate decision. After surging more than 3% on Tuesday, both major crude benchmarks saw modest gains in early Asian trade. At the time of writing, WTI crude was up slightly at $69.24 per barrel, while Brent crude also edged higher to $72.66 per barrel, marking their highest levels since June 22. The Tuesday rally was largely…

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