Oil prices fall 2% to six-week low on ceasefire talks, demand concerns

Capt. John

Oil prices fell about 2% to a six-week low on Tuesday on rising expectations of a ceasefire in Gaza and growing demand concerns in China. Brent futures fell $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%, to...

https://www.hellenicshippingnews.com/oil-prices-fall-2-to-six-week-low-on-ceasefire-talks-demand-concerns/

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