Oil Prices Steady After Two Days of Gains

August 08, 2024, 05.54 PM | Source: Reuters
Oil Prices Steady After Two Days of Gains

ILUSTRASI. Oil prices held steady on Thursday after two sessions of gains.

OIL PRICE - LONDON. Oil prices held steady on Thursday after two sessions of gains, with growing supply risks in the Middle East offsetting demand concerns that had pushed prices to their lowest since early 2024 at the start of the week.

Brent crude futures fell 16 cents, or 0.2%, to $78.17 a barrel by 0903 GMT. U.S. West Texas Intermediate crude lost 9 cents, or 0.12%, to $75.14.

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