Pakistan, July 2 -- Oil prices remained mostly flat on Wednesday as traders weighed rising supply expectations from OPEC+ against a weakening U.S. dollar and mixed economic indicators. Market sentiment remains cautious amid global demand uncertainty.
Brent crude edged up just 2 cents to $67.13 a barrel by 0345 GMT, while U.S. West Texas Intermediate (WTI) slipped 1 cent to $65.44 a barrel. Prices have stayed within a tight range since June 25, reflecting reduced fears of Middle East supply disruptions after the Iran-Israel ceasefire.
According to sources, the American Petroleum Institute reported a rise of 680,000 barrels in U.S. crude inventories last week. This unexpected increase came during the peak summer season, when demand usuall...
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