09 April 2024

Oil Prices Stabilize Amid Diminishing Chances of Stopping Israeli Aggression

International and Arabic
  • OIL

London, April 09 (QNA) - Oil prices stabilized on Tuesday in the wake of dwindling hopes for stopping the Israeli aggression on the Gaza Strip.
Brent futures rose, at the beginning of trading, five cents, or 0.1 percent, to reach USD90.43 per barrel, while US West Texas Intermediate crude fell ten cents, or 0.1 percent, to reach USD86.33.
There were remarkable losses in Brent crude in five sessions, with the West Texas Intermediate falling for the first time in seven sessions, against the backdrop of the Israeli persistent brutal war on Gaza, casting a shadow on prices given the fears of conflict spillover into other countries. (QNA)

Keywords

Economy, International
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