Crude oil prices moved slightly higher earlier today on signs that global supply is tightening although worry about demand continued to weigh on benchmarks.
At the time of writing, Brent crude was trading at $71.97 per barrel, with West Texas Intermediate at $68.18 per barrel.
Oil and gas producers in the US will for the first time be required to pay for some of their methane emissions under a regulation the Biden administration finalized Tuesday.
Curious Minds Corner
What is the difference between “sweet” and “sour” crude oil?
Sweet crude oil has low sulfur content, while sour crude oil has high sulfur content.