Brent crude sees steepest weekly drop since COVID; US gas nears $4 per gallon
The decline in Brent crude prices may stabilize global oil markets, reducing inflationary pressures and impacting future energy policies. The post Brent crude sees steepest weekly drop since COVID; US gas nears $4 per gallon appeared first on Crypto Briefing.
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Crude oil
Unrefined petroleum extracted from the ground; Brent and WTI are its main global price benchmarks.
Oil prices feed into fuel, transport and goods costs, and so into inflation.
More about Crude oilCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
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