Oil prices steady near two-week lows amid market volatility
Oil prices held near their lowest levels in over two weeks on continued volatility in Brent and West Texas Intermediate futures.
Key Takeaways
AIOil prices remained steady today, hovering near their lowest levels in more than two weeks as global markets continued to experience volatility.
Brent crude futures rose by 37 cents, or 0.37 percent, to $99.62 per barrel. In contrast, US West Texas Intermediate (WTI) futures fell by 44 cents, or 0.49 percent, to $90.08 per barrel.
Brent crude had dropped in the previous session to its lowest level since September 8, reaching $97.36 per barrel. WTI also touched its lowest point since September 1 earlier today.