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Reuters

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Business & Economics

Oil posts weekly gain but remains under supply hike pressure

Reuters
Summary
Nutrition label

80% Informative

Brent crude futures settled up 88 cents , or 1.4% , at $ 65.41 per barrel.

U.S. West Texas Intermediate crude futures closed 87 cents higher at $ 62.49 .

The benchmarks posted a weekly rise of 1% and 2.4% respectively.

Prices held back by expectations of higher supply from Iran and OPEC+.

VR Score

91

Informative language

97

Neutral language

60

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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