Reported about 7 hours ago
Oil prices fell following a lackluster briefing from China's Finance Ministry, which failed to unveil significant new measures to stimulate consumption. While Brent crude dropped nearly 2% before recovering to around $78, concerns remained over rising tensions between Israel and Iran, particularly the potential impacts on oil supply from the region. Market analysts predict that oil prices may stabilize within a limited range despite these geopolitical stresses.
Source: YAHOO