Crude oil drives higher with focus on geopolitical risks, OPEC+ plan to rein in production

Mar. 21, 2025 7:30 PM ETUnited States Oil Fund, LP ETF (USO), XLEUCO, FCEL, DBO, UNG, FCG, USL, MXC, GEL, SCO, USAU, UNL, BNO, AMRC, UAMY, AMTX, CNL, BOIL, KOLD, DC, NEXT, GUSH, DRIP, USOI, KLXE, NFE, CO1:COM, NG1:COM, CL1:COM, VGAS, FEAM, IEBy: Carl Surran, SA News Editor

SlavkoSereda/iStock via Getty Images

Crude oil futures posted their second straight weekly gain, boosted by bullish geopolitical developments, including U.S. strikes on Houthi rebel targets and Israeli strikes on Gaza, while the U.S. tightened enforcement against Iranian crude by sanctioning a Chinese refinery.

A

Source link

spot_imgspot_img

Subscribe

Related articles

A Week In The Life, Vol 17.

Another spring week! To me this just looks like… allergies!...

Kendrick Lamar and SZA’s Grand National Tour Is Spectacular: Review

Kendrick Lamar and SZA filled the AT&T Stadium on...

Blackpink’s Jennie Beats Her Own Band With A New Hit

Jennie continues to carve out her own space...

Less intensive farming works best for agricultural soil

The less intensively you manage the soil, the better...
spot_imgspot_img