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diplomacyApr 29, 2026
Why are oil prices down now, and will Brent, US WTI crude futures continue to drop or rise again? Oil slips after UAE exits OPEC and Strait tensions continue
Summary
Why are oil prices down now, and will Brent, US WTI crude futures continue to drop or rise again? Oil markets moved lower after several days of gains as traders assessed fresh geopolitical and supply signals. Brent and US West Texas Intermediate crude dipped slightly as investors reacted to new developments.
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- Gandharv WaliaBy Gandharv Walia
Why are oil prices down now, and will Brent, US WTI crude futures continue to drop or rise again? Oil markets moved lower after several days of gains as traders assessed fresh geopolitical and supply signals. Brent and US West Texas Intermediate crude dipped slightly as investors…
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