Reported 2 days ago
Oil prices continued to decline for the third week in a row, with West Texas Intermediate at $57.54 and Brent futures at $61.29 per barrel, marking their lowest levels since May. Rising worries over oversupply, exacerbated by increasing US crude stockpiles and geopolitical tensions, have led to this downturn, with experts predicting prices could fall further in 2026.
Source: YAHOO