Crude Oil price consolidates on Friday on headlines that US Secretary of State Antony Blinken might be able to get both Israel and Iran at the table for ceasefire talks.
Crude Oil dips back to $70.00 as markets price in a fresh string of events in Israel. US Secretary of State Blinken’s diplomatic efforts could result in ceasefire talks. The US Dollar Index finds support at 104.00 ahead of US Durable Goods. The Biden administration is stepping up efforts to broker a ceasefire deal in light of the US presidential election on November 5.
influence the price of WTI Oil? decides to lower quotas, it can tighten supply, pushing up Oil prices. When
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