Wednesday 25 Dec
Oil prices stabilized this week after a period of decline, as traders assessed the potential impact of President-elect's plans to reassess U.S. control over the Panama Canal.
Brent crude was trading near $73 per barrel, following a 2.1% decrease in the previous week. West Texas Intermediate crude hovered below the $70 per barrel mark. The President-elect has voiced concerns about the Panama Canal's "exorbitant" fees, a claim that has been refuted by the President of Panama.
