Oil Prices Ease Following Two-Week High Amid Russia-Ukraine Tensions

Reported about 9 hours ago

Oil prices have dipped slightly after reaching a two-week peak, influenced by ongoing concerns regarding supply disruptions due to the Russia-Ukraine conflict. Brent and WTI crude saw minor declines, yet analysts suggest potential for further price increases if they maintain levels above key resistance points. The oil market remains sensitive to geopolitical tensions, with traders closely observing developments and the impending U.S. inventory data.

Source: YAHOO

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