Reuters: Oil Gets Cheaper for a Second Consecutive Week as Expectations of Oversupply on the Market Grow

Oil prices are heading down for a second consecutive week. Reuters distributes the information. According to the agency, expectations of an oversupply of oil on the global market have grown. Prices are also affected by a reduction in geopolitical risks in the Middle East, while Washington is focused on the blockade of Iran and, within the framework of the war that has been ongoing for nine months, is intensifying economic pressure on Tehran.