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Market Impact: 0.55

Asian Shares Extend Gains As Oil Markets Stabilize

Energy Markets & PricesCommodities & Raw MaterialsGeopolitics & WarMarket Technicals & FlowsInvestor Sentiment & PositioningEmerging Markets

The IEA may deploy its largest-ever stockpile draw to offset oil supply risks from war, which helped stabilize oil prices. Asian stocks rose on Wednesday, extending gains from the prior session as easing supply concerns supported risk-on flows across the region.

Analysis

The IEA may deploy its largest-ever stockpile draw to offset oil supply risks from war, which helped stabilize oil prices. Asian stocks rose on Wednesday, extending gains from the prior session as easing supply concerns supported risk-on flows across the region.

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Market Sentiment

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mildly positive

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