17 Hrs
Source:
عين ليبيا
Oil and gold markets driven by supply and jobs
Oil prices declined after a strong rise on Thursday, as the market awaits signs of improved crude supplies from the Middle East and concerns over tensions between the United States and Iran, as well as China's export restrictions on oil products. Brent crude fell by 0.82% to $101.47 per barrel, and West Texas Intermediate decreased by 1.11% to $91.84, amid expectations that recent increases in Saudi exports and Middle East tensions could increase supply risks. Meanwhile, China delayed its oil product exports, further heightening market fragility, while the United States sent additional military forces to the region, raising the possibility of escalating tensions with Iran.
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