Crude oil hovers near 200-day average as U.S. demand strengthens, but OPEC+ supply risks weigh on oil outlook and futures sentiment.
DAX holds firm near 23,550 as traders monitor Iran-Israel ceasefire, tariff threats, and Fed rate signals ahead of key US economic data.
WTI holds near $65 as oil inventory draws highlight strong U.S. demand, but resistance at $67.10 caps further gains amid cautious sentiment.
WTI crude oil dropped sharply from the $77 resistance after the Iran-Israel ceasefire, while natural gas weakened toward the $3 level.
Oil prices inched higher, extending gains from the previous day as a larger-than-expected draw in U.S. crude stocks signalled firm demand, while investors remained cautious about the Iran-Israel cease
The S&P 500 and Nasdaq Composite are both within 1% of all-time highs.
Oil traders weigh their next moves after recent developments in the Middle East.
U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 0.2% on Wednesday.
Gasoline inventories decreased by 2.1 million barrels from the previous week.
The crude oil market seems to be stabilizing on Wednesday, as the markets have found the previous resistance level to be supportive. That being said, a day or tow of calm action is the recipe for a lo
Oil prices are dropping further, and U.S. stocks are pulling close to their all-time high Tuesday on hopes that Israel's war with Iran will not damage the global flow of crude, even if a tentative tru
Oil prices sold off on Monday and Tuesday after Iran held back from targeting regional crude supplies, and Trump pushed Jerusalem and Tehran into a truce.

Trump's U-Turn on China Buying Iranian Oil

08:18am, Wednesday, 25'th Jun 2025
Randa Slim, John Hopkins University SAIS Senior Fellow, speaks to Bloomberg TV about the truce between Israel and Iran after US President Donald Trump suggested China can continue to purchase oil from
Low energy prices have helped keep inflation in check this year.
Crude oil steadies near key moving averages as traders await EIA data and monitor Iran-Israel ceasefire and Fed rate signals.
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