Oil prices poised to finish the week approximately 4% higher

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• Oil prices hold steady ahead of OPEC meeting and data-packed week.
  Oil prices remained largely unchanged during Asian trade on Monday, maintaining most of their recent gains. Market participants are eagerly awaiting signals from an upcoming OPEC meeting and key U.S. economic data scheduled for release this week.
• Oil Prices Hold Steady Ahead of U.S. Inventory Data and Middle East Developments
  Oil prices remained largely unchanged on Thursday as investors awaited key U.S. oil inventory data and developments in the ongoing conflict in the Middle East. Additionally, market participants were looking for more clarity on China’s economic stimulus measures.
• Oil Prices Hold Steady as OPEC+ Decision and Geopolitical Tensions Loom
  Oil prices remained largely unchanged on Wednesday, with markets anticipating an OPEC+ decision on extending supply cuts and keeping a close eye on escalating geopolitical tensions. Brent crude futures rose by 5 cents, or 0.07%, to $73.67 per barrel by 1214 GMT, while U.S. West Texas Intermediate (WTI) crude fell slightly by 4 cents, or 0.06%, to $69.90 per barrel.
• Oil Prices Hold Steady, Eyes on U.S. Consumer Price Data
  Oil prices showed little movement on Tuesday following gains in the previous session, supported by expectations of increased summer fuel demand, while market focus turned to upcoming U.S. consumer price data.
• Oil Prices Inch Higher as Market Assesses Trump’s Trade Tariffs
  Oil prices saw a slight uptick on Thursday following a sharp hike in Saudi Arabia’s crude prices for March, though the gains barely offset the steep decline from the previous session.
• Oil Prices Inch Higher on Supply Jitters, But Trade War Fears Limit Upside
  Crude oil prices rose modestly on Tuesday, driven by growing concerns over potential disruptions to global supply foll...
• Oil Prices Inch Higher on Supply Jitters, But Trade War Fears Limit Upside
  Crude oil prices rose modestly on Tuesday, driven by growing concerns over potential disruptions to global supply following new threats from U.S. President Donald Trump. However, gains remained capped as investors weighed the broader risks of an escalating trade war on global demand.
• Oil Prices Inch Up Amid Middle East Focus
  Oil prices saw a slight increase on Tuesday amid ongoing uncertainty surrounding conflicts in the Middle East. However, gains were limited by apprehensions that central banks might maintain higher interest rates for an extended period to combat inflation, which could potentially dampen energy demand.
• Oil prices inch up as CPI data looms, OPEC report on the horizon
  Oil prices edged up in Asian trade on Tuesday amid cautious market sentiment ahead of key U.S. inflation data, which is likely to influence interest rates. Additionally, attention was on the upcoming monthly report from OPEC.
• Oil Prices Near Five-Month Low as Markets Focus on China’s Stimulus and U.S. Inventories
  Oil prices remained under pressure on Wednesday, hovering near their lowest levels in five months as traders assessed the impact of increasing global supply, fresh U.S. tariffs, and potential economic stimulus measures from China.
• Oil Prices Rebound After Sharp Drop Amid U.S. Inventory Decline and Hurricane Concerns
  Oil prices rose by more than 1% on Wednesday, recovering from previous losses driven by concerns about weakening global demand. A significant decline in U.S. crude inventories and potential supply disruptions due to Hurricane Francine helped bolster the market.
• Oil Prices Recover Slightly Amid U.S. Strategic Reserve Plans
  Oil prices saw a modest uptick on Tuesday, recovering from a sharp 6% decline the previous day. This increase was primarily influenced by a U.S. initiative to procure oil for the Strategic Petroleum Reserve (SPR), although concerns regarding future demand growth continued to loom over the market.
• Oil Prices Remain Near 2-Week Lows on Demand Worries
  Oil prices hovered near their lowest in two weeks on Wednesday, as weak demand projections and concerns about a global economic slowdown continued to weigh on market sentiment. This cautious outlook followed OPEC’s recent downgrade of global oil demand forecasts for both 2024 and 2025, coupled with signs of economic strain in China.
• Oil prices rise $1 on fears of tight supply
  Crude oil prices rose by more than $1 on Wednesday after a tightening in US fuel supplies and inventories. Warnings from Abdulaziz bin Salman Al Saud, the Saudi energy minister, raised speculators‘ prospects of further OPEC+ production cuts.
• Oil prices rise amid rate hike concerns and worries over China’s economic slowdown
  Oil prices edged higher in Asian trading on Wednesday, as traders considered subdued demand signals from China, the leading importer, along with the possibility of additional U.S. interest rate increases, juxtaposed with potential supply constraints.
• Oil prices rise due to Fed’s inflation remarks and tensions in the Middle East
  Oil prices increased on Friday following Federal Reserve meeting minutes indicating controlled inflation, coupled with U.S. Secretary of State Antony Blinken’s Middle East visit to address the Israel-Gaza situation.
• Oil prices rise on bargain hunting ahead of Fed rate decision.
  Oil prices rose on Tuesday as investors engaged in bargain hunting, seeking to recover from the previous day’s significant decline. However, the gains were constrained by cautiousness among investors due to upcoming policy decisions from the U.S. Federal Reserve and other central banks.
• Oil Prices Rise on Dollar Softness and Yemen Shipping Attack
  Oil prices climbed for the second consecutive day on Thursday, driven by a weaker dollar and another assault on shipping vessels near Yemen.
• Oil prices rise on falling inventories, potential Chinese stimulus
  Brent oil prices surged in Asian trading on Friday due to the assessment of potential Chinese economic stimulus following weak economic data, declining U.S. inventories, and supply cuts from major producers.
• Oil Prices Rise on Larger-Than-Expected Draw in US Inventories
  Oil prices climbed in Asian trade, continuing a recent rebound driven by a larger-than-expected reduction in U.S. inventories, which increased expectations of tighter supplies and improving demand in the world’s largest fuel consumer.