Oil futures are on the rise despite a large U.S. crude inventory build, as U.S. tariff threats against Russia increase geopolitical risk. Trade deals with the EU and other countries have also boosted prices, with a pending agreement with China. However, technical analysis suggests that price cap risks are still present within a 3-year descending channel, according to Razal Hilal of Forex.com.

Read more at Barron’s: Oil Futures Extend Gains After Big U.S. Stock Build