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Oil declines but stabilizes near its highest in a month

[03/09/2025 01:04]

LONDON-SABA
Oil prices declined in trading today, Wednesday, but remained close to their highest levels in a month, supported by new U.S. sanctions on a network of shipping companies and vessels, while traders are awaiting the OPEC+ meeting scheduled for the end of the week.

Brent crude fell by 0.3 percent to record $68.93 per barrel.

U.S. West Texas Intermediate crude dropped by 0.2 percent to reach $65.42 per barrel.