rafidainscope - Oil prices recorded a slight decline in early trading, affected by investors anticipating the repercussions of major electoral entitlements and regional political developments related to peace paths, despite data showing a noticeable decrease in US crude inventories.
Brent crude futures fell by modest percentages, while US West Texas Intermediate recorded lower levels compared to previous sessions, as markets closely monitor the developments of ongoing negotiations and diplomatic efforts.
In the same context, reports issued by specialized institutes showed a drop in crude oil inventories exceeding expectations during the past week, alongside a divergence in the movement of petroleum derivatives such as diesel and gasoline.
