Oil Prices Drop: Middle East Calm and Ukraine Peace Deal Uncertainty

Oil Prices Drop Middle East Calm and Ukraine Peace Deal Uncertainty

Oil Prices Drop Over $2 a Barrel Amid Middle East Calm and Ukraine Uncertainty Global oil markets experienced a notable downturn on Friday, with prices for Brent crude and U.S. West Texas Intermediate (WTI) falling by over $2 per barrel. Investors are adjusting to reduced geopolitical risks in the Middle East, uncertainty surrounding a potential […]

WTI Crude Oil Holds Near $69.50 as US Demand Rises Amid China Concerns and Middle East Tensions

WTI Crude Oil Holds Near $69.50 as US Demand Rises Amid China Concerns and Middle East Tensions

West Texas Intermediate (WTI) Crude Oil remains steady around $69.50 per barrel as traders weigh the effects of rising US fuel demand against global economic uncertainties. While concerns over China’s economic stability and geopolitical tensions persist, the downside for WTI seems limited, supported by declining US crude inventories and increased domestic demand. Key Takeaways Technical […]

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