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Crude oil rose on Tuesday following the latest strike by Yemen’s Houthis on a container ship in the Red Sea and retained the gain when trade began today as well.
LONDON :Oil prices fell slightly on Wednesday, eating into the previous day's gains as investors monitored developments in the Red Sea. Brent crude futures were down 53 cents, or 0.65 per cent, at $80.54 a barrel by 1141 GMT. U.S. West Texas Intermediate crude lost 62 cents, or 0.82 per cent, to $74.95.
SINGAPORE :Oil prices were little changed on Wednesday as investors monitored Red Sea developments, with some major shippers resuming passage through the area despite continued attacks and broader Middle East tensions. Brent crude futures dipped 5 cents, or 0.1 per cent, at $81.02 a barrel by 0415 GMT, while