💨 Abstract

Oil prices fell 3% during Asian trade on Tuesday due to a weaker demand outlook and Israeli willingness to not strike Iranian oil targets, easing supply disruption fears. Prices were $75.11 for Brent and $71.57 for WTI. The drop follows a 2% decline on Monday and nearly wipes out the previous week's gains.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖