Oil Settles Higher on Weaker Dollar and Russian Supply Disruptions

Oil settles higher on weaker dollar and Russian supply disruptions

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Oil Prices Rise Slightly Amid Supply Disruptions, Demand Concerns » News.ng

Global oil prices ticked upward on Monday as markets weighed supply disruptions from escalating Russia-Ukraine hostilities against fears of oversupply and weaker demand. Brent crude Monday morning was up 31 cents (0.46%) at $67.79 per barrel, while U.S. West Texas Intermediate (WTI) slipped 32 cents (0.5%) to $64.33. Trading volumes remained light due to a U.S. public holiday. August marked the first monthly decline in four months for both Brent…

Oil Rises on Weaker Dollar and Russian Supply Disruptions - Energy News, Top Headlines, Commentaries, Features & Events

Russian drones knock out Ukraine power facilities Zelenskiy vows more strikes deep inside Russia OPEC+ due to meet on September 7 (Reuters) – Oil prices rose by more than 1% on Monday on concern over supply disruptions stemming from intensified Russia-Ukraine airstrikes as well as a weaker dollar. Brent crude was up 83 cents, ...