Oil Prices Slip Slightly, Hold Most of Previous Session’s Gains

Economy
  • 10-12-2024, 10:07
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     INA-follow-up
     
    Oil prices eased slightly on Tuesday but held on to the bulk of the gains recorded in the previous session, as geopolitical risks stemming from events in Syria and China’s commitment to boosting fiscal stimulus provided support.
     
    Brent crude futures fell 13 cents, or 0.2%, to $72.01 a barrel, while U.S. West Texas Intermediate (WTI) crude futures slipped 14 cents, or 0.2%, to $68.23 a barrel.
     
    Both benchmarks gained more than 1% on Monday.