Oil prices dip below $107 amid strong China demand
pre-market1 source ↓written by the desknot a recommendation
- despite ongoing tensions
- $107
Global commodity markets are experiencing volatility as Brent crude fell below $107 despite ongoing tensions in the Middle East. Meanwhile, copper prices surged due to robust demand from China and supply concerns. Gold remains under pressure following higher US inflation data, which dampened expectations for rate cuts.
Not investment advice. For informational purposes only.