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2024

Global Oil Markets Respond to U.S. Economic Signals and Geopolitical Tensions

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On Thursday, May 23, the world witnessed another downturn in oil prices, with global markets reacting nervously to U.S. economic indicators and a rising dollar. The New York Mercantile Exchange saw West Texas Intermediate (WTI) for July fall by 0.90% to $76.87 a barrel. Meanwhile, Brent for August dropped 0.65% to $81.11 on the Intercontinental […]














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