Tuesday 23 July 2019

Oil Holds Steady as Middle East Risks Mix With Economy Concerns - Bloomberg

Oil Holds Steady as Middle East Risks Mix With Economy Concerns - Bloomberg:

West Texas Intermediate for September delivery edged up 5 cents, or 0.1%, to $56.27 a barrel on the New York Mercantile Exchange as of 10:14 a.m. London time. The August contract climbed 1.1% on Monday as it expired.

Brent for September settlement was unchanged at $63.26 a barrel on the ICE Futures Europe Exchange, after rising 1.3% on Monday. The global benchmark was trading at a $6.95 premium to WTI.

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