Crude oil outlook remains uncertain despite recent bounce
pre-market1 source ↓written by the desknot a recommendation
Oil prices have rebounded from mid-week lows, but WTI remains frail amid uncertainty. Comments from Russian President Putin hint at potential peace talks, which could lead to lower energy prices if successful. However, a larger-than-expected rise in US oil inventories suggests bearish sentiment may linger, keeping traders cautious.
Not investment advice. For informational purposes only.