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Midday crude oil analysis: Concerns about crude oil demand, the market is focusing on this important meeting!
Due to the news of a ceasefire between Israel and Palestine, oil prices have fallen, but a weakening dollar may limit the downward pressure brought by the easing of geopolitical tensions.
WTI Drifts Lower to Near $68.50 on Possible Middle East Ceasefire Deal
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January WTI Crude Oil Contract Closes Down US$2.30; Settles at US$68.94 per Barrel
Oil Is Trading Lower on Reports of an Israel-Hebozllah Ceasefire.
Benzinga Market Summary: S&P Gains, 10-Year Falls, Target Stock Rises, Oil Falls On Reports Of Israel-Hezbollah Ceasefire