Oil Market Sees Weekly Drop in Prices as Supply Risks Ease
SAMUEL MOBOLAJI Global crude prices retreated during the week as easing geopolitical tensions reduced risk premiums and shifted market focus toward improving supply expectations. Brent crude closed at $67.40 per barrel, down three point three per cent from last Friday’s $69.73, while US benchmark West Texas Intermediate (WTI) fell three point five per cent to […]