The recent OPEC+ decision did not provide any support to oil markets.
Oil traders remain worried about weak demand.
Demand worries put pressure on oil markets.
Israel accuses Hezbollah of ignoring the truce agreement, which is bullish for oil markets.
Weak Manufacturing PMI data from Europe put pressure on oil markets.
Oil markets are under pressure amid lack of positive catalysts.
Israel and Hezbollah accused each other of ceasefire violation, providing support to oil markets.
Oil traders stay bearish as geopolitical risk premium declines after a ceasefire deal between Israel and Hezbollah.
Gasoline inventories increased by 3.3 million barrels from the previous week.
Oil markets are moving towards November lows.
Oil markets are down by roughly 3% as traders focus on the Middle East.
WTI crude oil hovers at $71 as rising demand from China and India supports prices. Geopolitical tensions heighten supply disruption concerns.
Oil traders stay bullish amid rising geopolitical tensions.
Oil prices continue to rebound from November lows.
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