🛢 Crude Oil Prices Slide as Week Begins
Brent Crude: $71.92 per barrel
WTI Crude: $68.06 per barrel
The dip follows two weeks of gains fueled by U.S. sanctions on Iran and OPEC+ efforts to manage supply. OPEC+ has announced a modest production increase of 138,000 barrels per day in April, but concerns remain over whether member nations will adhere to the agreed limits.
Investors are also closely watching the impact of U.S. sanctions on Iran, which has driven more speculative crude buying. Stay ahead of market trends with the Credco app. For any queries, visit www.credcosourcing.com or reach out via WhatsApp at +918448083211.
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