Oil Prices Rebound 3% as Brent Nears USD98, Adding Pressure on Drivers and Airlines
A 3% rebound in oil prices matters far beyond the trading screen in the Gulf, where crude still shapes fiscal confidence, liquidity expectations and investor sentiment. The move came fast: Brent pushed back toward USD98 a barrel after a sharp one-day sell-off had dragged both major benchmarks to one-month lows. The immediate story is a … Read more