Oil prices steadied on Tuesday after falling for the past two sessions, as investors remained cautious amid expectations of plentiful supplies and weak demand. Brent crude futures for September rose 2 cents to $82.42 a barrel. US West Texas Intermediate crude for September dipped 2 cents to $78.38 per barrel. Traders mostly ignored US President Joe Biden's decision to call off his reelection bid and endorse Vice President Kamala Harris on Sunday. Source: Qatar News Agency
Thursday, November 07, 2024