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Oil records its lowest opening in ten days, with signs of calming the conflict in the Middle East – London Business News

by admin
February 26, 2024
in Business
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Oil recorded, across both crude oils, the lowest opening at the beginning of the new week of February 15th.

While oil continued its decline after the opening, reaching the levels of 75.87 and 81.03 dollars per barrel for West Texas Intermediate (WTI) crude oil and Brent, respectively, in the largest declines today.

The negative opening of the oil markets came with the return of hope for a calming of the raging conflict in the Middle East,…



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