Oil prices dropped close to their lowest levels in 2024 on Tuesday morning, following increased hopes of a ceasefire in the Israel-Hamas war. Brent crude oil prices inched down 1.03% to $76.8 per barrel on Tuesday morning, a drop of 4.39% this week and 6.37% this month. This was close to this year’s lowest point of $75.90 per barrel seen on 2 January. Crude oil prices decreased 1.05% to $72.8 per barrel on Tuesday morning. This was a plunge of 6.56% this week and 6.62% this month. On the other hand, natural gas prices were doing better, rising 3.84% this week and trading at $2.2(€1.99) per MMB…