6 Days
Source:
الاقتصادية
Oil drops on Iran-US tensions easing
Oil prices declined today, Friday, with Brent crude falling to $93.09 per barrel and West Texas Intermediate to $90.54. This came amid rising hopes of easing tensions between the United States and Iran and a decrease in fears of military escalation in the region. Despite ongoing conflict in the Middle East and Iran's exports dropping to their lowest level in six years, demand growth forecasts confirmed by OPEC helped maintain relative market stability. Both benchmarks experienced their first weekly gains in three weeks.
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