Oil prices were poised early on Monday to end July trading with the biggest monthly gain since January 2022, buoyed by tightening supply, expectations of a record demand, slower inflation in the U.S., and a still resilient American economy.
As of Asian trading on Monday, both benchmarks were trading flat after another week of gains last week.
The U.S. benchmark WTI Crude was…
This story from oilprice.com was posted on 2023-07-31 by @airwise.