alba24.ro/petrolul-se-ieftineste-preturile-coboara

Oil prices have dropped by over a dollar per barrel amid hopes for easing tensions in Ukraine and the Middle East. Investors are closely monitoring diplomatic negotiations and oil deliveries through the Strait of Hormuz. Brent crude fell by $1.14 to $91.62 per barrel, while West Texas Intermediate decreased by $1.04 to $85.49 per barrel. This decline follows a temporary rebound in prices earlier in the week. Additionally, OPEC+ production has increased, particularly from Saudi Arabia, despite transport challenges. U.S. crude inventories reportedly rose by about nine million barrels last week, indicating a potential oversupply.