Fetching News Details
Oil prices held ground in the international market on Thursday, as the market found relief in a supply-deficit forecast made by OPEC. Brent crude futures LCOc1 were 0.3% higher, at $63.61 a barrel. US WTI crude futures CLc1 fell at $58.85 a barrel. The cartel yesterday said that it now anticipates a small deficit in the oil market in the next year, indicating towards a tighter market than previously thought.