Oil prices continued to decline for the third consecutive session on Friday as the United States pushes for a peace agreement between Russia and Ukraine, which would allow for more oil supplies in the global market. Meanwhile, reduced uncertainty about a U.S. interest rate cut diminished investors' appetite for risk.
Oil Prices Fall for Third Straight Day
Oil prices continued to decline for the third consecutive session on Friday as the United States pushes for a peace agreement between Russia and Ukraine, which would allow for more oil supplies in the global market. Meanwhile, reduced uncertainty about a U.S. interest rate cut diminished investors' appetite for risk.
