Saturday, August 16, 2025
Oil prices steady as demand concerns offset threatened supply cuts- oil and gas 360

Oil prices steady as demand concerns offset threatened supply cuts

Yahoo Finance NEW YORK – Oil prices were little changed in volatile trade on Tuesday as a stronger U.S. dollar and demand concerns offset supply worries after Russia said OPEC+ was ready to deepen output cuts in the first quarter of next year. Brent futures fell 29 cents, or 0.45%, to $77.74 a barrel by 12:30 p.m. EST (1730 GMT),