Energy · 32 views
Oil Prices Head for a Weekly Loss Despite Escalating Iran Tensions
Crude oil prices were on course to book another weekly loss despite no sign of any progress being made towards peace between Iran and the United States.
AI Summary
Crude oil prices are set to record another weekly decline even as tensions between Iran and the United States persist without any movement toward peace. At the time of reporting, Brent crude was priced at $89.17 per barrel and West Texas Intermediate at $83.19 per barrel.
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