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عين ليبيا
Oil drops as gold stabilizes ahead of Doha talks
Oil prices declined during Tuesday's trading amid market anticipation of the outcomes of talks between the United States and Iran in Doha. The futures contracts for West Texas Intermediate (WTI) dropped to $69.94 per barrel, while Brent futures fell to $72.20, amid concerns about how geopolitical tensions might affect supply. Meanwhile, shipping data indicates that the flow of oil from the Middle East continues. Conversely, gold prices remained stable, despite a nearly 12.7% monthly decline, driven by regional tensions and expectations of interest rate hikes, which have diminished its appeal as a safe haven.
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