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Oil dips after US stockpiles climb, Middle East tensions in focus
Credit: IndiaTimes- Published on October 26, 2023
Oil prices dropped on Thursday due to an increase in US crude stockpiles and a rise in the dollar index. Brent crude futures declined by 0.3% to $89.95 a barrel, while US West Texas Intermediate crude futures eased 0.2% to $85.21 a barrel. The market had seen a jump in prices the previous day due to tensions in the Middle East....
Video credit: Oneindia
Published on October 23, 2023 - 01:38
Israel-Gaza War| Diplomacy Eases Oil Concerns: Prices Drop Amid Middle East Tensions| Oneindia News
Oil prices fell over $1 as diplomatic efforts eased Middle East tensions. Brent crude dropped to $91.49, WTI to $87.26. Concerns of supply disruption waned as Israel paused a Gaza incursion. Aid reached Gaza, but an Arab summit failed consensus. US suspended Venezuela sanctions, and global leaders engaged in talks. WATCH.
#OilPriceDrop #DiplomacyWins #MiddleEastPeace #GlobalMarkets #EnergyDiplomacy #GazaAidRelief #BidenLeadership #OPECDeal #VenezuelaOil #InternationalRelations #BrentCrudeFall #WTI #GeoPoliticalShifts #SupplyChainWatch #MarketUpdate #WorldEconomicNews #AsianMarketsUpdate #OilIndustry #LeadershipTalks #GlobalStability
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