Global Oil Markets Waver Under Geopolitical Tensions and Economic Surprises

On April 16, global oil markets exhibited minimal fluctuations, influenced by a robust dollar and the unfolding geopolitical drama in the Middle East. Simultaneously, an unexpected uptick in China’s economic growth for the first quarter injected optimism about rising demand from the world’s second-largest economy. The trading session saw West Texas Intermediate (WTI) for May […]

Leave a Reply

Your email address will not be published. Required fields are marked *