💨 Abstract

Oil prices eased slightly on Monday, but remained high due to colder weather and expectations of tighter sanctions on Iranian and Russian oil exports. Brent crude futures reached $76.18 per barrel, the highest since mid-October, and U.S. West Texas Intermediate crude hit $73.61, also a five-month high. The strength of the dollar and upcoming economic data are key factors influencing investors.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖