Petroleum

Petroleum

Oil prices suffer largest weekly loss in three months

Oil prices have experienced their biggest weekly decline in three months due to tensions within OPEC and concerns about weakening demand. The market is closely watching the potential resistance to the rollover of OPEC output cuts, which could further impact oil prices in the coming weeks.

Market uncertainty prevails

With ongoing tensions within OPEC and uncertainties surrounding demand, the petroleum market is facing a period of volatility. Investors are closely monitoring developments to gauge the future direction of oil prices and make informed decisions in this ever-changing landscape.