Oil prices fell by 2% on Monday due to global demand concerns and comments from Israel’s government, with WTI and Brent crude experiencing sharp declines.
oil prices drop
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Oil prices fell by over 1% following weak economic data from China, sparking fears of reduced global demand for energy in the coming months.
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Oil prices dropped as fears of a broader Middle East conflict subsided, with Iran holding back on its threats against Israel. Market analysts point to a reduced geopolitical risk premium …
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Oil prices fall to their lowest in over a month due to rising inventories and weak demand, with little impact from recent geopolitical and political developments.