Dollar-won exchange rate opens lower at 1,454.00 won, down 4.20 won, as dollar hits five-month low amid euro strength and geopolitical developments
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Additionally, market participants remained attentive to geopolitical developments, with some optimism stemming from diplomatic efforts between Hamas and Israel in the Middle East. #OilMarkets #EIA #CrudeOilStocks #US #EnergySector #OilPrices #GeopoliticalDevelopments #Hamas #Israel #MiddleEast

Oil markets closely monitored the EIA crude oil stocks data from the US side. The latest report indicated a significant increase of 12.018 million barrels in crude oil stocks last week, surpassing expectations which anticipated an increase of 3.3 million barrels. This unexpected surge in stocks exerted downward pressure on oil prices. #OilMarkets #EIA #CrudeOilStocks #US #EnergySector #OilPrices #GeopoliticalDevelopments #Hamas #Israel #MiddleEast