Oil prices move without a clear direction

Oil prices move without a clear direction

The price of “Brent” crude oil fell by 0.04% early Tuesday morning to 92.12 US dollars per barrel, while the price of WTI crude oil rose by 0.06% to 85.06 US dollars per barrel.

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On Monday, the prices of both types of oil fell by more than 2%, as market participants interpreted comments by US Treasury Secretary Scott Bessent as a sign that the United States will not, at least for now, take military action against the Islamic Republic.

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