2024-02-09 14:08:11
WTI oil prices adjusted narrowly as investors kept an eye on tensions in the Middle East.
In addition, oil prices were pressured by the strengthening of the dollar. This reduces the attractiveness of the contract. By making oil contracts more expensive for holders of other currencies.
At 8:50 p.m. Thai time, the price of West Texas crude oil (WTI) for delivery in March. minus $0.07 or 0.09% to $76.15/barrel.
Israel has rejected a ceasefire offer from Hamas. and attacked the city of Rafah yesterday. By order of Mr. Benjamin Netanyahu, Prime Minister of Israel.
Egyptian authorities had previously warned that If the Israeli army attacks Rafah This might affect the peace agreement that Egypt and Israel signed more than 40 years ago.
Egypt is concerned that Attacks on Palestinians in the Gaza Strip living in Rafah. This may cause a large influx of refugees into Egypt. This is a situation that Egypt does not want to happen.
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