Oil prices experienced mixed movements as weak Chinese demand clashed with Middle East tensions following the Syrian rebels’ overthrow of President Assad. Brent crude futures dipped slightly, while US WTI crude futures saw a marginal increase. Concerns over a supply surplus loomed despite OPEC+’s decision to extend production cuts, with Saudi Aramco reducing prices for Asian buyers.
European shares log weekly gains as oil prices ease, Mideast tensions linger
European markets rallied as declining oil prices broke a three-week slump. Despite lingering investor caution due to geopolitical tensions in the Middle East and rising