Global crude oil prices closed the week ending August 8 lower, as market jitters over U.S. trade tariffs and easing geopolitical risks overshadowed gains from falling inventories and hopes of a potential Federal Reserve rate cut. On Friday, Brent crude settled at $66.59 per barrel, representing a 3.9% drop from last week’s $69.27 close. Likewise, … Continue reading Crude Oil Prices Slip As Tariff Tensions And Diplomatic Developments Weigh On Market