Crude Futures Rally to Post Weekly Gains

From Dow Jones & Company: 2025-04-17 15:10:00

Oil futures have surged to end a two-week losing streak, boosted by a weaker dollar, tighter U.S. sanctions on Iranian crude, and improved trade tensions. OPEC+ members updating output compensation plans for overproduction has also contributed to the gains. However, experts warn that these factors may not be enough to offset a potential decline in global demand due to tariffs.



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