Business ❯ Energy ❯ Oil Industry ❯ Production

Market Dynamics

Oil Falls 3%–4% After Trump Signals No Imminent Strike on Iran

Larger U.S. stockpiles coupled with the restart of Venezuelan exports pressured prices.

Trump Says U.S. Will Take 30–50 Million Barrels of Venezuelan Oil, Sell Under U.S. Control

Oil Holds Near Month Lows as Ukraine Peace Push Raises Supply Risk