Oil Prices Post a Weekly Gain Despite Demand Fears

Oil prices are set to post a weekly gain for the first time in three weeks, although demand concerns continue to loom as the U.S.-China trade war escalates. Friday, April 18th, 2025 As the Western hemisphere wound down trading activity with the onset of the Easter holidays, crude oil markets have posted an impressive 7% week-on-week rise, with ICE Brent now back at $68 per barrel. New OPEC+ compensation quotas, tighter US sanctions on Iran, and relatively upbeat March macro data have all boosted sentiment in the short term, although further…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com