Oil remained largely unchanged as investors weigh the demand-supply outlook
Oil remained largely unchanged as investors weigh the demand-supply outlook
International benchmarks for crude oil concluded the trading session on Tuesday, 11 July 2022 with little changes as investors await clearer market directions. At the moment, the potentially reduced demand as a result of a flare-up in COVID-19 cases in China is balanced by the supply tightness.
Brent added 8 cents to close at $107.10/barrel.
WTI shed 70 cents to settle at $104.09/barrel.