Oil Prices Edge Higher Amid Geopolitical Concerns

PUKMEDIA

Oil prices.

Global oil prices rose on Wednesday, with both major benchmarks recording modest gains amid ongoing geopolitical uncertainty.

Brent crude, the international benchmark, traded at $68.39 per barrel, while US benchmark West Texas Intermediate (WTI) stood at $64.45 per barrel, according to market data.

Analysts noted that the increase reflects persistent concerns over supply risks in Eastern Europe and the Middle East, alongside fluctuating demand trends. The market remains highly sensitive to geopolitical developments and their potential impact on global energy flows.



PUKMEDIA