Crude Prices Fall Back After IEA Forecasts Sharp Drop in Oil Demand The oil market's latest price swing – a 2. 37% drop in WTI crude prices on Friday, following a 6.
7% rally just the day before – is a stark reminder of the global economy's precarious balance.
Behind this seesaw effect lie complex geopolitical tensions, supply chain disruptions, and shifting demand patterns that are rewriting the rules of the energy game.