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Oil prices hold tight amidst expectations of supply cut
June 11, 2019
Source: Reuters

Oil prices hold tight amidst expectations of supply cut

Oil prices remained stable in the international market on Tuesday, as the market remained hopeful that continued OPEC-led supply cut will check the price drop. Benchmark Brent crude futures were traded 0.1% higher, at $62.36 per barrel. US WTI crude futures were priced 0.3% higher, at $53.42 per barrel. Russia yesterday indicated that it might support prolongation of supply cuts, alerting that oil prices might fall to $30 per barrel.

   Read More About : Brent Price Oil Prices OPEC Russia WTI
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