Oil Demand Recovery Is Under Way But U.S.-Iran Escalation Clouds Outlook, IEA Says

Consumption is projected to fall by 1 million barrels a day this year, but the pace of decline is easing.

Oil Likely to Remain Supported if Iran-Related Risk Premium Stays Active

Crude futures fell, but oil prices are likely to remain supported if the Iran-related risk premium stays active.

Energy & Utilities Roundup: Market Talk