Tuesday, 02 January 2024 12:17 GMT

Oil Prices Rise On Trade Optimism And Slowing Demand Fears


(MENAFN- AzerNews)

Oil prices rose on global markets amid mixed economic signals, including optimism over a trade deal between the United States and the European Union, as well as expectations that tariff delays with China may be extended. However, gains were tempered by lingering concerns over a potential slowdown in economic activity and weakening demand for fuel.

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