[Tue, 20 May 2025 18:33:46 +0300]


Singapore-Saba:

Oil prices rose during early Asian trading on Tuesday, affected by Moody's downgrade of the United States' credit rating.

Brent crude futures rose 12 cents to $65.66 a barrel, while US West Texas Intermediate (WTI) crude futures rose 16 cents to $62.85.

At the same time, Moody's downgrade of US sovereign debt weakened the economic outlook for the world's largest energy consumer and prevented oil prices from rising.

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