Economy Local 2025-12-13T16:09:04+00:00

Oil Prices Fall 4% Weekly

Oil prices fell 4% for the week as the market continues to focus on the supply glut and the prospects for a peace deal between Russia and Ukraine.


Oil Prices Fall 4% Weekly

Oil prices settled lower on Friday, marking a 4% weekly decline, as the market's focus remains on the supply glut and the possibility of a peace agreement between Russia and Ukraine. These factors continue to weigh on prices, creating uncertainty in the sector.