Oil Edges Up Amid Uncertainty Over Next U.S.-Iran Moves
Oil futures rose as the U.S. reinstated its Iranian blockade after dropping a plan to charge a 20% fee to cover the cost of protecting ships from other countries moving through the Strait of Hormuz.
U.S. Crude Oil Stockpiles Post Weekly Withdrawal
Commercial crude oil stocks fell by 1.7 million barrels last week. Analysts expected crude stocks to decline by 900,000 barrels.
China's Crude Buying Pause Has Helped Cushion the Market. That Might Be Changing.
