Ghana news briefing
Oil rises as doubts over US-Iran deal heighten supply concerns
By GhanaSummary Newsroom1 min read
As for longer-term supply, the EIA expected disruptions of about 600,000 barrels per day to Middle East crude oil supplies to persist through the end of 2027.crude inventories rose sharply in the week ended August 7, while gasoline and distillate stocks fell.
The crude build far exceeded expectations and, if confirmed by the EIA report later on Wednesday, could ease market concerns about supply tightness, Haitong Futures said in a note.
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