Pre. Settlement | N/A |
Settlement date | 2022-07-20 |
Open | 108.80 |
Bid | 108.60 |
Last price | 108.43 |
Day's range | 107.25 - 109.06 |
Volume | |
Ask | 108.61 |
(Bloomberg) -- Oil fluctuated as investors weighed concerns that a global slowdown will erode demand against still-solid physical market signals.Most Read from BloombergBezos Slams Biden Over Call for Lowering of Gas PricesLong, Moderate and Painful: What Next US Recession May Look LikeUS Court Ruling May Take 70,000 Truckers Off Road, Spur JamsJPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian CutJPMorgan’s Aronov Ignores the ‘Cash Is Trash’ Chorus: Q&AWest Texas Intermediate rose tow
KUALA LUMPUR (Reuters) -Oil prices reversed losses and edged up on Monday as concerns of tight supply amid lower OPEC output, unrest in Libya and sanctions on Russia outweighed fears of a global recession. Brent crude futures for September rose 55 cents, or 0.5%, to $112.18 a barrel at 0650 GMT, after falling over $1 in early trade. "The group appears to be battling to maintain current output levels, with production falling over June."
Whitehaven Coal Limited ( ASX:WHC ) shareholders might be concerned after seeing the share price drop 13% in the last...