Oil Prices Slip Amid Profit-Taking and Geopolitical Concerns

Oil futures fluctuated between gains and losses, closing lower after a 2% rise the previous day. Profit-taking contributed to the decline, with ongoing geopolitical risks still in focus. West Texas Intermediate (WTI) crude for August delivery fell 0.68% ($0.57) to $82.81 per barrel on the New York Mercantile Exchange (Nymex). Meanwhile, Brent crude for September […]