Oil prices
Supply concerns intensify following rise in Red Sea tensions
Red Sea disruptions and global tensions raise supply chain concerns
Chinese economic stimulus and a weaker output contribute to the complex oil market dynamics
Rebounding U.S. output, Libyan and Norwegian supply boosts influence oil prices
Supply concerns in U.S. and Russia fueled a surge on Monday
OPEC maintains 2.25 mn bpd demand growth forecast
Geopolitical risks offset greenback gains, keeping oil market on edge
Traders vigilantly monitor supply disruption risks
Brent crude futures rose 2.3 percent, or $1.81 to $79.22 per barrel.
Saudi Aramco's significant price reduction responds to market pressures
Coming from an over 3 percent dip from previous session
Libya's Sharara oilfield shutdown raises concerns over global supply
Brent and WTI crude surged 1.5 and 1.4 percent, respectively
Brent crude futures rose 0.1 percent, to $79.75 per barrel
Brent crude futures increased by 0.64 percent to $79.92 per barrel
Crude prices face headwinds as market focus shifts to slow demand and trade disruptions
Ahead Fed's anticipated meeting
5 percent fall due to concerns about global demand
