Oil prices edge higher on Mideast tensions despite weak demand


OIL prices recovered in Asian trading on Wednesday on heightened Middle East tensions, but gains were capped by weak demand.

Brent crude futures rose 17 cents, or 0.16%, to $76.60 a barrel by 0615 GMT. U.S. West Texas Intermediate crude rose 17 cents, or 0.23%, to $73.37.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Brent , WTI , Middle East

Next In Business News

Not so hot for petrochem
Volkswagen to invest US$186bil through 2030, CEO Blume says
Colombian women take on�coffee patriarchy
Bumps in Perodua’s EV march
Stellantis to get Canada default notice after moving jeep line to America
TMK Chemical resolute in meeting targets
Musk denies SpaceX seeking US$800bil valuation
Fed on track for rate cut
Wall Street bets Chinese stocks will extend rally
A look at the pilot safety rules that hit airline operations, air travel

Others Also Read