Oil prices are experiencing market volatility amid ongoing geopolitical tensions, as investors await global demand prospects and international developments.
Before midday, the price of a barrel of North Sea Brent crude for July delivery—on its last day of trading—decreased by 1.17% to reach $92.61, significantly below the $100 mark at which it had opened the week.
Meanwhile, its American counterpart, West Texas Intermediate (WTI) for the same month's delivery, dropped by 1.78% to reach $87.32 per barrel.
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