📈Oil prices continue to climb for a third consecutive day as concerns over Kurdish oil supply ease and banking fears subside. #OOTT

⚠️MARKET IMPACT: Kurdistan’s oil exports could be suspended for several more days as officials from Kurdistan are set to return to Baghdad next week for a new round of talks. oilprice.com/Latest-Energy-…

MARKET IMPACT: 📉Oil prices steadied despite weak Chinese demand, as a softer dollar and hopes of eased policy tightening by the Federal Reserve provided support ahead of a key U.S. inflation report. - reuters.com/markets/commod… #OOTT

📈MARKET IMPACT: 'The Biden administration plans to refill the U.S. Strategic Petroleum Reserve soon, and hopes to refill it at lower oil prices if it's advantageous to taxpayers during the rest of the year' reuters.com/business/energ…

📉 Brent crude futures were down 1.1%, as the U.S. dollar strengthened and as investors mulled over a possible May interest rate hike by the U.S. Federal Reserve, which could dampen economic recovery hopes.

Today's Market News: 📉Oil prices drop on demand concerns in US and China, overshadowing OPEC+ cuts.🌎G7 plans to tighten Russia sanctions at the summit. 🇹🇷 Turkey's election heads for a run-off. 🇺🇦 Zelenskiy seeks military aid in surprise UK talks. #OOTT

📉 Oil prices experienced a decline of 2.37%, reaching $71.96 per barrel due to a stronger U.S. dollar and concerns about demand after weak data from China. #oott

🇺🇸 US west coast port disruption stretches into fourth day... splash247.com/us-west-coast-… Splash #OOTT