Lates News

In the early session of the Asian market, the price of crude oil remains stable, with WTI crude oil prices hovering around $60 per barrel and Brent crude oil prices close to $64 per barrel. The narrowing of the spot price differential indicates that the market's tight supply situation has eased slightly. Traders are closely watching the upcoming reports from OPEC and the International Energy Agency to confirm the imminent supply glut. Meanwhile, President Trump's remarks on developments in India-Pakistan relations and the reduction of Russian oil imports have added geopolitical factors to the trend of crude oil prices.