(Sept 4): Crude oil prices remained stubbornly range-bound between US$45 and US$55 a barrel, despite a cut in US supply wrought by the onslaught of Hurricane Harvey in Texas. On Aug 29, the West Texas Intermediate crude for October contract traded at US$46.44 a barrel, while Brent crude traded at US$52 a barrel.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe