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A Closer Look: WTI Oil Prices Drop as Investors Monitor Israel-Hamas Ceasefire Negotiations

WTI oil prices fell today. Meanwhile, investors are keeping an eye on negotiations on a ceasefire agreement between Israel and Hamas.

At 8:57 pm Thai time, West Texas crude oil price (WTI) for June delivery. less $0.26 or 0.34% to $78.70/barrel.

Hamas plans to send officials to Egypt soon to negotiate a truce with Israel.

A statement from Hamas said that the leader of Hamas, Ismail Haniyeh, confirmed his positive response to the study of the proposed truce with Israel.

In addition, investors are keeping an eye on the oil production policy meeting of the Organization of the Petroleum Exporting Countries (OPEC) and related nations. or OPEC+ on 1 June

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