TOPTimes of India ยท 2 hours agoLive
Crude prices fall from six-month highs; WTI stands at $101 per barrel, Brent costs $115
Reported by Times of India, not nibnow. We are not the publisher of this story, only the source is.
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WHAT HAPPENED
Oil prices experienced a decline of over 1% after hitting six-month peaks, primarily due to geopolitical unrest in Saudi Arabia. Currently, Brent crude fluctuates around $115 per barrel, and WTI at $101.5 per barrel. The threat to energy exports and infrastructure from Houthi attacks raises alarm, while the Federal Reserve meeting looms, potentially addressing inflation amid climbing energy prices.
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