Brent crude ended at 68.44 USD, while WTI closed at 65.16 USD. Both saw a decline this week as oversupply and weak demand affected investor sentiment. Brent and WTI dropped 1% and 3% respectively, reflecting concerns over slowing industrial activity.
Despite a Friday rebound, the dollar index dropped to 97.45, influenced by tariff discussions and economic data. Trump’s proposal for 100% tariffs on Russian oil added to market uncertainty, leaving traders cautious about future price movements.
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