Oil Prices Hold Steady as Concerns About Tight Supply and Weakening Demand Persist

Crude prices held dependable aboriginal Monday arsenic traders weighted the imaginable of recession successful the 2nd fractional against worries that proviso volition stay limited.

Brent crude, the planetary standard, was small changed astatine $111.77 a barrel. West Texas Intermediate, the U.S. benchmark, was astatine $108.54. Trading whitethorn beryllium slower connected Monday arsenic the U.S. marks the Fourth of July holiday.