Oil prices settled in early trading on Wednesday, as markets watch for the potential impact of a ceasefire agreement between Israel and Hezbollah, with an awaiting next Sunday’s OPEC+ meeting.
The Brent crude futures fell to $72.79 a barrel, while the U.S. West Texas Intermediate (WTI) futures fell to $68.73.
Latest Oil Prices
WTI CRUDE $68.72 -0.07%
BRENT CRUDE $72.95 +0.19%
MURBAN CRUDE $71.80 -0.66%
NATURAL GAS. $3.204 -7.59%
Oil prices fell on Tuesday following Israel’s approval of a ceasefire agreement with the Lebanese group Hezbollah.
The ceasefire agreement, brokered by the United States and France, came into effect Wednesday at 4 a.m. local time (02:00 GMT).
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