Latest Oil Market News and Analysis for Sept. 24
Oil gained on renewed tensions between the US and Iran, with a defiant message from President Masoud Pezeshkian highlighting the still-wide gap between the two sides after months of war.
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Oil gained on renewed tensions between the US and Iran, with a defiant message from President Masoud Pezeshkian highlighting the still-wide gap between the two sides after months of war.
Oil steadied after a four-day slump, as Middle East supply concerns eased and traders tracked diplomatic efforts to end the US-Iran war.
Oil dropped as a rally driven by supply disruptions left gains looking overdone, and a US industry report pointed to a rise in stockpiles.
Oil extended its powerful rally above $100 a barrel following an escalation of hostilities in the Middle East that has stoked fears of deeper supply disruptions.