Crude Prices Tumble Amid U.S. Inventory Build and Middle East Talks

On Wednesday, global oil markets witnessed a significant drop in oil prices, plunging over 3%. This was primarily fueled by emerging concerns about weakened demand and the influence of peace negotiations between Israel and Hamas. Additionally, a noticeable increase in U.S. oil inventories exacerbated the decline. This occurred despite a decrease in trading volume due […]

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