Oil Prices Rise Amidst Expectations of Tighter Supplies, Overcoming Demand Concerns
This rebound was primarily driven by expectations of reduced supplies, which overshadowed concerns about potential demand slowdowns. Oil prices rise in Asian trading on Monday, bouncing back after their initial dip in four weeks Last week, oil prices rise around 0.8% lower, influenced by the Federal Reserve’s hawkish stance and its indication of prolonged high … Read more