Ahmad Ghaddar
1/3
A sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus Mordant
Read More
LONDON, July 27 (Reuters) - Oil prices steadied on Tuesday as investors bet tight supply and rising vaccination rates will help offset any impact on demand from surging COVID-19 cases worldwide.
Brent crude futures rose 1 cent to $74.51 a barrel by 0819 GMT. U.S. West Texas Intermediate (WTI) crude futures fell 8 cents, or 0.1%, to $71.83 a barrel.
Benchmark prices held their ground even after the United States issued travel warnings to Spain and Portugal due to rising COVID-19 cases. A White House official told Reuters wider travel curbs would not be lifted due to the highly infectious Delta variant and rising domestic infections. read more
Other Stories of Interest: Tue, Jul 27, 2021 | Marcellus Drilling News
marcellusdrilling.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marcellusdrilling.com Daily Mail and Mail on Sunday newspapers.
Oil inches up as tight supply, vaccinations outweigh virus concerns | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.