Crude Oil

December 2, 2024

Oil prices dropped over the week due to reduced supply concerns.

Following the announcement of a ceasefire between Israel and Hezbollah and analysts' forecasts of increased supply in 2025, oil prices declined this week despite the onset of tensions in Syria.
November 11, 2024

Weekly increase in oil prices despite the decline on Friday.

Although oil prices ended the week on an upward trend, they experienced a noticeable decline on Friday due to reduced concerns about the impact of Hurricane Rafael on oil and gas infrastructure in the U.S.
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