Oil Prices Today: Oil Prices Dip (-0.30%) as Gaza Ceasefire Hopes & Low Beryl Impact Ease Supply Fears (July 9, 2024)

Oil prices experienced a slight dip on Tuesday, retreating from a four-week rally as easing supply concerns and a potential slowdown in global economic growth outweighed recent gains. Brent crude, the international benchmark, slipped to $85.46 per barrel, while West Texas Intermediate (WTI) crude, the U.S. benchmark, fell to $82.11 per barrel. The decline in … Continue reading Oil Prices Today: Oil Prices Dip (-0.30%) as Gaza Ceasefire Hopes & Low Beryl Impact Ease Supply Fears (July 9, 2024)