Wednesday, January 8, 2025
Brent rises above $75 a barrel on strong demand outlook- oil and gas 360

Brent rises above $75 a barrel on strong demand outlook

Reuters TOKYO – Crude oil prices steadied on Tuesday after Brent rose above $75 a barrel for the first time since April 2019, with prices underpinned by a strong demand outlook and as OPEC+ begins discussions on raising oil production. US West Texas Intermediate (WTI) crude was at $72.97 a barrel, down $0.69 or 0.9%. OPEC+ is discussing a gradual