💨 Abstract

Oil prices continued to fall on Monday due to uncertainties surrounding the war in Ukraine and potential resumption of crude exports from northern Iraq. Brent and WTI dropped by over $2 on Friday, marking weekly declines of 0.4% and 0.5% respectively. Geopolitical developments, particularly talks between U.S. and Russia on ending the Ukraine conflict, are influencing prices.

Courtesy: theprint.in

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