Oil prices slip as peace hopes ease supply fears, Middle East tensions limit losses
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This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
In a market shaken by geopolitical tensions, oil prices saw a downturn as traders considered possible U.S.-Iran diplomatic actions against the backdrop of supply disruption risks. Brent crude prices slipped by 0.74%, while WTI dropped by 0.89%. The recent assaults by Yemen's Hout...
In a market shaken by geopolitical tensions, oil prices saw a downturn as traders considered possible U.S.-Iran diplomatic actions against the backdrop of supply disruption risks. Brent crude prices slipped by 0.74%, while WTI dropped by 0.89%. The recent assaults by Yemen's Houthis have further complicated the already uncertain market landscape. Mixed signals from U.S. inventory reports only added to the volatility affecting crude oil valuations.
Original Source
https://timesofindia.indiatimes.com/business/international-business/oil-prices-slip-as-peace-hopes-ease-supply-fears-middle-east-tensions-limit-losses/articleshow/135286671.cms
