Oil prices fall below $90 as Middle East peace hopes grow 

🌐 Nairametrics Nigeria (Nigeria) —

AI Summary

Crude oil prices fell below $90 per barrel for the first time since August as traders responded to growing hopes for a resolution to the Middle East conflict. The decline extends a recent downward trend in oil markets.

Crude oil prices fell below $90 per barrel for the first time since August, extending their recent decline as traders increased bets on a possible resolution to the Middle East conflict.  The post Oil prices fall below $90 as Middle East peace hopes grow  appeared first on Nairametrics.

World Conflict Markets Commodities Energy crude oil oil prices Middle East peace hopes market decline traders

Read original source →