Reported 30 days ago
Oil prices saw a slight recovery after a six-day decline, as a risk-on sentiment returned to the financial markets. Brent crude remained steady below $72 per barrel, influenced by the looming threat of Tropical Storm Francine, which has prompted evacuations in the Gulf of Mexico. Despite the mild rally, traders remain cautious, with concerns about supply disruptions and restrained demand persisting in light of recent bearish market trends.
Source: YAHOO