Oil Prices Stabilize After Significant Weekly Rally

Reported 15 days ago

Oil prices steady as the dollar's strength balances fears of escalating conflict in the Middle East, which could jeopardize oil supplies. Following a notable weekly gain, Brent crude remains stable while WTI is near $71 per barrel. Market sentiment is influenced by speculation of US rate cuts and a cautious outlook on fuel demand.

Source: YAHOO

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