US crude oil falls below $55 per barrel amid supply concerns and Ukraine peace prospects
US crude oil prices fell below $55 per barrel Tuesday, marking the lowest level since early 2021 as traders reacted to a looming global supply surplus and the potential for a peace agreement in Ukraine. West Texas Intermediate crude dipped to $54.98 per barrel, while Brent crude traded at $59.13, both down 2.36 percent. The … Read more