Despite today's rebound, oil prices are near their lowest levels of the year on the back of a significant rise in US crude inventories and escalating trade tensions between the US and China.
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....
Oil prices fell on Friday, set for their first monthly drop since November. Traders balanced supply concerns against economic fears from U.S. tariffs....
Despite today's rebound, oil prices are near their lowest levels of the year on the back of a significant rise in US crude inventories and escalating ...
Oil
Crude Oil
Crude
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Brent
Brent crude
Saudi Arabia
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US crude inventories
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