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Fundamentals Dominate as Oil's War Premium Evaporates
The crude price collapsed after the US bombed Iran, underscoring the limits of event-driven price moves amid demand uncertainty and a coming wall of supply.
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energyintel.com
Overview: Rapidly Rising Supply Restrains Geopolitical Risk Premium
June should erase May's surplus, but the second half of the year is fraught with daunting oversupply now that Opec-plus is upping production.
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arabnews.com
Oil Updates — crude rises more than 1% as investors assess Iran-Israel ceasefire, demand outlook
LONDON: Oil prices climbed more than 1 percent on Wednesday as investors assessed the stability of a ceasefire between Iran and Israel, while support also came from data that…
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cnbc.com
U.S. crude oil rises 1% after steep selloff following Israel-Iran ceasefire
Oil prices sold off on Monday and Tuesday after Iran held back from targeting regional crude supplies, and Trump pushed Jerusalem and Tehran into a truce.
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Fundamentals Dominate as Oil's War Premium Evaporates
The crude price collapsed after the US bombed Iran, underscoring the limits of event-driven price moves amid demand uncertainty and a coming wall of supply.