Crude oil price to slump? Prices set for biggest weekly drop since March 2023; supply risk premium from Israel-Iran conflict fades
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Oil prices are set for their largest weekly decline since March 2023 as concerns about supply disruptions from the Iran-Israel conflict have diminished. Despite a slight intraday increase, both Brent and WTI crude benchmarks are poised for a roughly 12% weekly drop. Analysts cite an oversupplied market and revised price forecasts, while U.S. What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
