Brent Crude Falls Over 3% Weekly Amid Geopolitical Tensions

Oil prices faced a notable decline on November 29, 2024, driven by easing supply concerns following a ceasefire between Israel and Hezbollah. Brent crude settled at $72.94 per barrel, down 0.46%, while U.S. West Texas Intermediate (WTI) dropped to $68 per barrel, reflecting a 1.05% decrease. Over the week, Brent fell by 3.1% and WTI […]