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وكالة بغداد اليوم الاخبارية
Oil prices slide Brent at $97 and US crude stocks rise
Oil prices declined in Asian trading today, Thursday, as investors assessed the U.S.-Iran peace negotiations and the renewed Gulf oil exports. Brent crude fell to approximately $97.42 per barrel, while West Texas Intermediate dropped to $89.70, following gains on Wednesday. U.S. crude stockpiles increased by 922,000 barrels to 427.3 million, despite expectations of a decrease of 264,000 barrels. Supply concerns remain, with expectations that OPEC+ production targets will stay unchanged at next week's meeting.
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