Oil prices have been edging higher due to a combination of supply risks in the Middle East and increasing summer demand. Concerns over US and China demand have been offset by these factors. Recent reports from Reuters indicate that oil prices rose by 2% as summer demand hopes and supply worries continue to influence the market. Oil prices are expected to stay steady despite ongoing demand concerns.
Oil prices rise 2% on summer demand hopes, supply worries https://t.co/NR7outNmnM via @Reuters
Oil prices lifted by summer demand hopes https://t.co/Vb7DnC2ab6
Oil prices lifted by summer demand hopes - Reuters https://t.co/UWtqkJrTCc
Oil prices lifted by summer demand hopes https://t.co/NR7outNmnM via @Reuters
Oil inches higher on summer demand outlook https://t.co/NR7outNmnM via @Reuters
Oil inches higher on summer demand outlook https://t.co/A0SqZtETQO https://t.co/QdpIQYjS41
Oil prices to stay steady as China demand woes offset Mideast risks https://t.co/U9mHUcrc1w https://t.co/GSZjg4UMyM
Oil prices edge higher as supply risks mount https://t.co/ERdhG9mwx3 https://t.co/OyuwqpicY8
Oil prices edge higher as supply risks mount https://t.co/YDoWwdaijm via @Reuters
Oil edges higher as Middle East risks offset US demand concerns - Reuters https://t.co/zej9VONimy
Oil edges higher as Middle East risks offset US demand concerns https://t.co/ua94NG2IEP via @Reuters