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Oil prices fell slightly: Brent and WTI fell
Current oil prices are falling slightly: conflicts in the Middle East are influencing the market. Find out now about developments on the crude oil market! 📉🛢️ #oil prices #Middle East #conflicts #crude oil market
Oil prices fell slightly: Brent and WTI fell
Oil prices posted slight losses on Thursday, with a barrel of North Sea Brent crude for June delivery falling 11 cents to $87.18. The price for a barrel of the US variety West Texas Intermediate (WTI) fell by 3 cents to $82.66. This development came against the backdrop of the ongoing conflict in the Middle East, with reports of possible Israeli counterattacks on Iran influencing market sentiment.
A senior US government official said such a counterattack was not expected before the end of the month, although the situation could change quickly. Despite these geopolitical uncertainties, price fluctuations in the crude oil market remained limited. Oil prices had recently experienced a sharp decline, driven by increased U.S. inventories.
The chart analyzes and further information on oil prices are available on the YouTube channel. Market players are closely following developments in the Middle East as they have a significant impact on crude oil prices. Markets are expected to continue to react to news from the region and shape possible price movements in the coming days.