Oil prices inched higher on Friday and were set for weekly gains as renewed U.S.-Iran fighting raised fears of supply disruptions. Shipping curtailments through the Strait of Hormuz this week increased the perceived risk to Middle East crude flows, providing price support into the week.
Oil prices inched higher on Friday and were set for weekly gains as renewed U.S.-Iran fighting raised fears of supply disruptions. Shipping curtailments through the Strait of Hormuz this week increased the perceived risk to Middle East crude flows, providing price support into the week.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15