Reported about 8 hours ago
Oil prices have decreased as traders overlook US efforts to persuade India to stop purchasing Russian crude. The global benchmark Brent crude fell below $68 a barrel amid concerns of a potential oversupply in the coming months. Despite US trade adviser Peter Navarro's increased pressure on India, refiners in the country plan to continue their Russian oil imports. Market analysts suggest that while demand may face challenges, tighter sanctions on Russia could affect future prices.
Source: YAHOO