Browsing: Crude Oil
Oil prices fall as Russia halts attacks on Ukraine’s energy facilities. Global markets react to ceasefire talks, trade war concerns, and Middle East tensions.
Meta Description: Oil prices climb as geopolitical risks in the Middle East persist, while China unveils economic stimulus plans to bolster consumption and growth.
Oil prices rise as U.S. military action against Yemen’s Houthis intensifies and China’s economic data fuels demand optimism. Brent nears $72, WTI gains.
WTI crude oil struggles near $67.50 as demand strength meets recession fears. Will oil break key resistance or face a pullback? Key levels and market outlook inside.
During Tuesday’s Asian hours, the price of West Texas Intermediate (WTI) oil is trading at about $71.10 per barrel, continuing its downward trend for the third straight session.
Crude oil prices slipped slightly on Friday, with West Texas Intermediate (WTI) trading at $74.40 and Brent Crude at $78.00.
Crude Oil continues to surge, marking its fourth consecutive day of gains, with prices climbing over 8% since the start of the week.
Analysts predict that crude oil may face a further decline to $65.00 or even $60.00 unless OPEC takes decisive action.
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