Oil Prices Drop Over 3% Amid Supply Concerns and Geopolitical Tensions

Global oil prices today took a surprising dip, falling over 3% despite ongoing production cuts by OPEC+ and its allies. This shift sent prices tumbling to their lowest levels since February. West Texas Intermediate (WTI) for July saw a drop of 3.60% to $74.22 per barrel, while Brent crude for August fell 3.39% to $78.36 […]

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