Eco
Oil prices experienced a decline in early Asian trading today, influenced by an unexpected increase in U.S. crude inventories. This downturn occurs as investors continue to assess global supply risks. Detailing the decline, Brent crude futures fell to $107.82 per barrel at 00:28 GMT. Similarly, U.S. West Texas Intermediate (WTI) crude futures dropped to $104.86 per barrel. Notably, both benchmark crudes had concluded the previous day's trading with a rise exceeding three dollars, marking their highest levels since May 19.
