Oil prices fell on Tuesday. This decline follows expectations of increased global supply. OPEC+ plans to approve a production boost this weekend. Iraq’s Kurdistan region also resumed crude oil exports via Turkey. These developments reinforce concerns about a looming market surplus. Traders remain cautious regarding future demand.
US stocks: US market ends down sharply; worries about AI trade and high oil prices weigh
Wall Street faced a sharp decline on Friday as AI-related technology stocks came under renewed pressure. Concerns regarding debt-laden AI infrastructure companies affected investor sentiment