FXEmpire.com · 7h
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Focus On Ceasefire In Middle East
Natural gas gains ground as traders switch from December 2024 contract to January 2025 contract. From the technical point of view, natural gas needs to settle above the $3.60 level to gain additional momentum. WTI oil pulls back as Israel’s Netanyahu says that he is ready to implement the ceasefire deal.
FXStreet · 1d
WTI drifts lower to near $68.50 on possible Middle East ceasefire deal
The WTI price edges lower after the reports that Israel and Lebanon had agreed to the terms of a deal to end the Israel-Hezbollah conflict, citing unnamed senior U.S. officials. However, the escalating geopolitical tensions,
Investing · 19m
Oil prices edge lower as traders digest Israel ceasefire, US inventory draw
U.S. President Joe Biden announced the ceasefire deal on Tuesday. The agreement will see Israeli forces withdraw from Lebanon within 60 days, while Hezbollah will move its forces away from the area between the “Blue Line,” the unofficial border between Lebanon and Israel.
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