Oil Prices Volatile Amid Iraq Supply Prospects and Trump’s Trade Moves

Reported about 4 hours ago

Oil prices are fluctuating as traders respond to potential increased supplies from Iraq, ongoing tensions surrounding President Trump's actions towards China, and efforts to resolve the conflict in Ukraine. Recent news indicates that Iraq may resume oil exports from the Kurdistan region, contributing to market uncertainty. Market sentiment remains cautious with the possibility of OPEC delaying production increases due to concerns over a potential oil surplus and weakening global demand.

Source: YAHOO

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