Brent closes in on $94/b as supplies get tighter

19.09.2023

Oil prices inched higher on Monday, buoyed by forecasts of a widening supply deficit in the fourth quarter after Saudi Arabia and Russia extended cuts and on optimism of a demand recovery in China, the world's top crude importer.

Brent crude futures rose 5 cents, or 0.1%, to $93.98 a barrel...