No relief for oil as price continues to tumble lower ...Middle East

The latest news from Saudi Arabia here doesn't add much encouragement whatsoever to an already struggling outlook.

It's a tough one to weed out and the only saving grace looks to be a turning point on the tariffs front. That will be a key spot to watch for oil, considering it is getting little help elsewhere - in particular from OPEC+ and its members.

This article was written by Justin Low at www.forexlive.com.

Hence then, the article about no relief for oil as price continues to tumble lower was published today ( Thursday 01/05/2025 - 01:46 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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