Latest Oil Market News and Analysis for July 23

Oil edged higher as investors monitored progress on tariff talks between the US and its key trade partners.

Brent rose toward $69 a barrel after a three-day decline, while West Texas Intermediate was near $66 a barrel. President Donald Trump unveiled an agreement with the PhilippinesBloomberg Terminal setting a 19% tariff and a deal with Japan that sets a 15% rate, fueling a rally in Asian shares and US stock futures.

Continue Reading