Oil falls to the lowest in a year ...Middle East

The oil market hasn't spent much time under $70 in the post-pandemic period but after five days of heavy selling, it's now at $67.29, which is the lowest since June of 2023.Last year we saw several dips down into this range that were all bought, including two intraday falls below $65. The low close last year was $66.74 on March 17 as the market grappled with the potential for a US regional banking crisis. It then quickly recovered to $83.44 in part due to pledges from OPEC to curb production.This time, OPEC+ may have already played its card with widespread reports about a two-month delay in plans to return oil to the market. The problem is, the market still sees a surplus in H1 2025 and that

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