Thursday 17 / July / 2025
Singapore: Oil prices on Thursday rose in early trade, reversing the previous session’s losses, buoyed by stronger-than-expected economic data from the world’s top oil consumers and signs of easing trade tensions.
Brent crude futures rose 27 cents, or 0.39%, to $68.79 a barrel.
US West Texas Intermediate (WTI) crude futures were up 31 cents, or 0.47%, at $66.69.
Both benchmarks fell more than 0.2% in the previous session.
The US central bank’s latest snapshot of the economy, released on Wednesday, showed activity picked up in recent weeks.
