Reported about 2 months ago
Oil prices have fallen for the fourth time in five sessions, with Brent trading below $80 and West Texas Intermediate near $76. Traders are closely watching US-led efforts for a cease-fire in the ongoing Israel-Hamas conflict, as fresh disagreements emerge. Furthermore, China's economic slowdown is raising concerns about fuel demand. Despite recent declines, crude remains higher this year due to OPEC+ output limits and potential easing of US interest rates.
Source: YAHOO