💨 Abstract

Oil prices dropped on Wednesday due to investor concerns over whether China's economic stimulus plans will sufficiently boost demand. Despite a decline in U.S. crude inventories, analysts called for more fiscal support to bolster the Chinese economy. Meanwhile, falling supplies and geopolitical tensions in the Middle East offered some support to prices.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖

Powered by MessengerX.io