An oil pumpjack in the Permian Basin oil field in Odessa, Texas. Both Brent crude and West Texas Intermediate have held on to all their recent gains. AFP
An oil pumpjack in the Permian Basin oil field in Odessa, Texas. Both Brent crude and West Texas Intermediate have held on to all their recent gains. AFP

Business

Energy

Oil prices edge higher amid supply concerns and improving demand

Near-term demand for crude expected to get a boost from the start of the US summer driving season, analysts say

Fareed Rahman
Fareed Rahman

May 26, 2022

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