BEAMSTART Logo

Oil prices stable as market weighs fuel stocks build amid supply concerns

Channel News Asia LogoChannel News Asia1 mo ago

Oil prices stable as market weighs fuel stocks build amid supply concerns

Quick Summary AI Powered

HOUSTON : Oil prices were little changed on Thursday as markets weighed a rise in U.S.gasoline and distillate inventories and worries about slower economic growth amid concerns of supply tightness.

Brent crude futures for August dropped 25 cents, or 0.2 per cent, to $116.

The more-active September contract was at $112.18, down 27 cents, or 0.2 per cent.U.S.


More Pictures

Oil prices stable as market weighs fuel stocks build amid supply concerns - Channel News Asia (Picture 1)

or

Article Details

Category: Economy

Topics: Worries Thursday Markets Concerns Time Cent Mediacorp Prices Crude Inventories Cents

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-30, 08:31:29

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Reading Time: 3 minutes read

Article Length: 394 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 21393

View Article Analysis

About Channel News Asia

Channel News Asia Logo

Main Topics: Economy

Official Website: channelnewsasia.com

Update Frequency: 59 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 3h ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

BEAMSTART brings you the latest news, jobs, and events from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2022 BEAMSTART. All Rights Reserved.