Oil settles at one-month low; sheds over $2 led by firm US dollar, Gaza ceasefire hopes: Brent down 2% to $82/bbl

Oil settles at one-month low; sheds over $2 led by firm US dollar, Gaza ceasefire hopes: Brent down 2% to $82/bbl

International crude oil prices settled over $2 lower in the previous session at their lowest level since mid-June as investors eyed a possible ceasefire in the Middle East’s Gaza. A strengthened US dollar also drove values down further. Brent crude prices settled down $2.48, or 2.9 per cent, to $82.63 a barrel. US West Texas … Read more