Oil prices fall 2% to six-week low on ceasefire talks, demand concerns
Oil prices dropped about 2% to a six-week low on Tuesday due to rising expectations of a ceasefire in Gaza and increasing demand concerns in China. Brent futures decreased by $1.38, or 1.7%, to $81.02 a barrel by 12:13 p.m. EST (1613 GMT), while U.S. West Texas Intermediate (WTI) crude fell $1.49, or 1.9%, […]
Oil prices fall 2% to six-week low on ceasefire talks, demand concerns Read More »