14 Hrs
Source:
المصدر
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Oil dips below 102 amid de-escalation hopes
Oil prices have fallen to their lowest levels in more than a week, with Brent reaching $101.71 per barrel and West Texas Intermediate at $98.15. This decline comes amid hopes for diplomatic opportunities to resolve tensions between the United States and Iran during the United Nations meetings this week. The decrease is attributed to the market's diminished risk perception, as investors await the outcomes of diplomatic efforts and the exchange of threats between Washington and Tehran, despite ongoing oil flows from the Middle East at a rate of approximately 17.1 million barrels per day.
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