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$117.72
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At Close: Jun 08, 2026

Oil Consolidates as Traders Assess Mixed Signals

08:29pm, Wednesday, 23'rd Apr 2025
Oil consolidated in the early Asian session as traders assessed mixed signals.
Traders worry that OPEC+ will raise production despite the negative impact of trade wars.

U.S. Crude Oil Stockpiles Post Small Increase

11:16am, Wednesday, 23'rd Apr 2025
U.S. crude oil inventories rose by 244,000 barrels, for a fourth consecutive weekly climb, amid higher net imports, while refineries ramped up their capacity use.
The crude oil market has been a bit negative in the early hours of Wednesday, as the market has been building a base for some time now. With this, it is likely that we will see noisy trading in the sh
The U.S. upstream oil and gas M&A market is bracing for the most challenging conditions since the COVID-19 pandemic as oil prices slump and prime acreage dries up, analytics firm Enverus said on Wedne
Sergey Vakulenko, senior fellow at Carnegie Russia Eurasia Center and former head of strategy at Gazprom Neft, discusses oil prices and the impact they have on Russia's military spending.
Crude oil futures climb on Iran sanctions and sharp U.S. inventory draw, fueling a bullish short-term oil outlook despite IMF's weaker growth forecast.
Trump signals steep China tariffs may drop, boosting hopes for trade de-escalation. Risk-on trade returned to Wall Street.
International Energy Agency Executive Director Fatih Birol discusses the outlook for oil production and prices in light of current geopolitical uncertainties. "This year, we expect the oil demand to i
U.S. sanctions on Iran, falling crude stocks, and technical breakouts push oil and gas prices higher, reigniting bullish sentiment in energy markets.
India and Saudi Arabia agreed to deepen energy ties and pursue closer cooperation in areas like tourism and technology as the countries seek to strengthen relations amid ongoing trade uncertainties.
Oil prices rose almost 1% in early trade on Wednesday, extending the prior day's gains as investors weighed a fresh round of sanctions on Iran, a drop in U.S. crude stocks and a softer tone from Donal

Oil Rises, Boosted by Positive Sentiment

08:28pm, Tuesday, 22'nd Apr 2025
Oil rose in the early Asian session. Sentiment is being driven by talk from the Trump administration about trade deals getting closer with India and Japan, and how the current impasse between the U.S.
A breakout above $64.81 confirms oil's countertrend rally, with multiple resistance levels ahead; staying above $63.20 is crucial to maintaining upside potential.
New U.S. sanctions against Iran did not provide material support to oil markets.
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