Oil Prices Dip Amid Lebanon and Israels Ceasefire Agreement

Oil Prices Slide as Middle East Tensions Shift Highlights Oil prices fell amidst hopes of a ceasefire between Israel and Lebanon and a move by the U.S. House to limit presidential war powers. Brent crude experienced a decline of 1.6%, while U.S. West Texas Intermediate dropped by 1.3%. U.S. crude inventories reported a significant drawdown […]