Oil Prices Retreat as Markets Weigh Weak Demand, Venezuela Crisis And OPEC+ Output Policy

Crude oil prices opened the week on a softer note as traders assessed persistent concerns around global demand growth and abundant supply, despite escalating geopolitical tensions involving Venezuela and divisions within the OPEC+ alliance. In early Monday trading, Brent crude futures slipped to $60.33 per barrel, marking a 0.6 percent decline from Friday’s settlement of … Continue reading Oil Prices Retreat as Markets Weigh Weak Demand, Venezuela Crisis And OPEC+ Output Policy