September 11, 2025 8:34 PM
Crude oil prices ease Amid US demand concerns, oversupply risks
Crude oil prices eased today as worries over softening US demand and broad oversupply risks were offset by concerns over geopolitical uncertainties. Brent Crude was trading over 1.2 per cent down at 66 dollars and 64 cents per barrel, and WTI Crude was also trading 1.4 per cent down at 62 dollars and 78 cents per barrel, when reports last came in. Meanwhile, US crude oil inventories increased by 3.9 million barrels to 424.6 million barrels in the week ending on the 5th of September, acc...