Oil Prices Dip Amid Middle East Peace Efforts and Economic Strain in China

On Monday, oil prices fell sharply, dropping over $2 per barrel. This decline was prompted by potential peace talks in the Middle East and economic issues in China. Brent crude futures settled at $77.66 a barrel, shedding $2.02, or 2.5%. Similarly, U.S. West Texas Intermediate (WTI) futures concluded at $74.37 a barrel, falling $2.28, or […]