Oil prices steady offset by U.S. crude demand
Oil prices steady offset by U.S. crude demand
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NewsTranscript
00:00 Oil prices are largely stable prior to the release of U.S. crude oil stockpiles data,
00:06 inflation data and an OPEC+ meeting to decide on supply cuts through the rest of the week.
00:13 Brent futures fell to 18 cents to settle at $83.42 per barrel, while the U.S. West Texas
00:19 Intermediate dropped to 4 cents to $79.19.
00:24 Both benchmarks are expected to experience monthly losses, with Brent futures expected
00:30 to drop over 5 percent from last month and WTI was projected to decline more than 3 percent.
00:37 *outro*