Oil Prices Plunge: Oversupply, Mideast Ceasefire, and Weak Demand

Markets & Money Today | 2 Min News | The Daily News Now! - Podcast autorstwa The Daily News Now! - Wtorki

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Oil prices plummet to five-month lows amid oversupply and weak demand, defying Middle East tensions. A ceasefire between Israel and Hamas, coupled with surging American oil production and slim chances of new sanctions on Russian oil, further depress prices, signaling continued market stability.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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