Oil prices rose as US sanctions on Iran and OPEC+ output cuts fueled supply concerns. Geopolitical instability, including conflicts in Gaza and Yemen, added further risk premiums to the market.
Brent crude oil remains under pressure around $70 per barrel, despite a brief recovery, as concerns over a global trade war and oversupply weigh on the market. IEA warns of a growing supply surplus.
Oil prices rose as US sanctions on Iran and OPEC+ output cuts fueled supply concerns. Geopolitical instability, including conflicts in Gaza and Yemen,...
Brent crude oil remains under pressure around $70 per barrel, despite a brief recovery, as concerns over a global trade war and oversupply weigh on th...
Brent crude rose slightly to $70 per barrel but faces a 3.28% weekly loss. Market pressure stems from US trade uncertainty and global supply concerns....
Brent crude is set for its first weekly gain since mid-January, supported by delayed tariffs and OPEC+ compliance, despite rising U.S. inventories....
Brent
Brent crude
BRN
EIA
API
US crude inventories
OPEC+
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