10 Oct 2025 | 3 Mins Read
Crude oil prices stable following Gaza peace agreement
Flipitmoney
Oil prices were little changed in early Asian trade after Israel and Hamas agreed to a ceasefire plan to end the war in Gaza. Brent crude rose 9 cents to $65.31 a barrel, while US West Texas Intermediate crude rose 12 cents to $61.63. The deal eased war risk concerns, shifting focus back to the impending oil surplus from OPEC's production cuts.