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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.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 14 May 2026, 07:14 IST.

Sourcesnews.google.com

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