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Oil Holds Decline as US Push for Gaza Cease-Fire Gains Momentum

Oil held the biggest drop in more than two weeks as the US said Israel accepted a cease-fire proposal to halt the war in Gaza, potentially easing supply risks as concerns about the demand outlook mount.


  • Aug 20 2024
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Oil Holds Decline as US Push for Gaza Cease-Fire Gains Momentum
Oil Holds Decline as US Push for Gaza Cease-Fire Gains Momentum
(Bloomberg) — Oil held the biggest drop in more than two weeks as the US said Israel accepted a cease-fire proposal to halt the war in Gaza, potentially easing supply risks as concerns about the demand outlook mount. Read More

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