Oil prices steady on shrinking U.S. crude inventories
- Posted on October 30, 2024
- By Business News Today
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Oil prices steady on shrinking U.S. crude inventories
Oil prices stabilized after a surprise drop in U.S. crude and gasoline inventories. Brent crude and U.S. West Texas Intermediate crude saw slight gains. This came after two sessions of losses due to easing Middle East hostilities. Official U.S. government data on crude oil and fuel stocks is expected later.