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Oil Steadies After Two-Day Decline on Fading Middle East Risk

Oil steadied after a two-day decline on the prospect for a further easing of hostilities in the Middle East, with the market shifting its attention to global supply balances and OPEC+’s production outlook.

By: financialpost.com

Oct 30 2024
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Oil Steadies After Two-Day Decline on Fading Middle East Risk

(Bloomberg) — Oil steadied after a two-day decline on the prospect for a further easing of hostilities in the Middle East, with the market shifting its attention to global supply balances and OPEC+’s production outlook. Read More

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Oil Extends Gain as Lower US Stockpiles, Middle East in Focus