Oil Prices Flatline as 2024 Draws to a Close ...Middle East

Crude oil prices started the last week of 2024 with a modest gain in anticipation of the last economic reports for the year from China and the United States, but prices quickly reverted back to where they had started. Brent crude was trading at $74.00 per barrel at the time of writing, and West Texas Intermediate was changing hands for $70.42 per barrel, both only slightly down from Friday’s close. Both benchmarks are set to end the year pretty much where they started it, with Brent crude set for a more noticeable decline than WTI, with the…

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