Oil stuck between supply strains and economic doubt

LONDON July 12 (Reuters) – Oil prices were little changed on Wednesday in a market caught between expectations supply cuts by the world’s biggest fuel exporters will drive prices higher and concerns global economic weakness will sap demand.

Brent futures had edged up 20 cents to $79.60 a barrel by 1145 GMT, while U.S. West Texas Intermediate (WTI) crude rose 30 cents to $75.13 a barrel.

View entirety: Reuters