International oil prices traded within a relatively stable range as investors assessed improving market conditions alongside global demand expectations.

Analysts noted that balanced supply, steady consumption, and reduced concerns over shipping disruptions contributed to the market's stability.

Energy producers and traders continue monitoring economic data and geopolitical developments, recognizing that prices remain sensitive to unexpected events.

Overall, current market conditions reflect cautious optimism as the global energy sector enters the second half of the year.

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Sources

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