Oil extends gains as major producers flag capacity limits
Updated: 28 Jun 2022, 12:30 PM IST
TL;DR.U.S. West Texas Intermediate (WTI) crude futures rose $1.8, or 1.6%, to $111.36 a barrel by 0644 GMT, extending a 1.8% gain in the previous session.
FILE PHOTO: Reservoirs for crude oil are seen at an oil rig of Ecuador's state oil company Petroamazonas, in Tiputini, Ecuador October 19, 2017. REUTERS/Daniel Tapia/File Photo