Oil Updates — Crude steady; US crude stocks highest since June 2021

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Thu, 2023-01-26 08:58

RIYADH: Oil prices were steady on Thursday after US crude stocks climbed less than expected, while investors awaited further clarity on supply drivers, including an OPEC+ meeting and the looming EU ban on Russian refined products.

Brent crude futures dipped .09 cents, or 0.10 percent, to $86.03 per barrel 08:15 a.m. Saudi time, while US West Texas Intermediate crude futures rose 15 cents, or 0.19 percent, to $80.30.

US crude stocks highest since June 2021 as fuel demand falls

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