Oil prices firm as U.S. inventories decline
The Hindu
OPEC+ impasse fuels supply uncertainty
Oil prices rose for a second day on Friday as data showed a draw in U.S. inventories but were heading for a weekly loss amid uncertainty over global supplies after an OPEC+ impasse. Brent crude oil futures were up 36 cents, or 0.5%, at $74.48 a barrel by 1220 GMT. U.S. West Texas Intermediate futures were up 54 cents, or 0.7%, at $73.48. Prices on both sides of the Atlantic were on track for a more than 2% weekly drop, dragged down by the collapse of output talks between the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, together known as OPEC+.More Related News
According to BACL, the biophilic-inspired business park will offer smart workspaces within a vibrant public realm. The project’s most exceptional and breathtaking attribute lies in the Urban Forest, a lush oasis in the centre of the development. This green space will serve as a focal point, seamlessly blending indoor and outdoor spaces throughout the area. The upcoming metro station in Airport City will provide seamless connectivity to the business park from the northern side, ensuring convenient accessibility.