Latest Oil Market News and Analysis for Oct. 13
AI Summary
Oil prices held onto gains as widening conflict in the Middle East threatened to disrupt the region’s supply recovery. Traders also questioned U.S. President Donald Trump’s claim of an energy ceasefire between Russia and Ukraine.
Oil held a gain as a widening conflict in the Middle East threatened to hamper a recovery in supply from the region, while there were also doubts over US President Donald Trump’s claims of an “energy ceasefire” between Russia and Ukraine.
Conflict Politics Markets Commodities Energy oil prices Middle East conflict supply disruption Russia-Ukraine energy ceasefire market analysis