Oil prices recovered after Wednesday's sharp drop, with Brent and WTI still supported by tight supply and falling U.S. inventories. Traders remained cautious amid an uncertain Middle East peace outlook, which is keeping a geopolitical risk premium in place. The tone is stable but defensive, with price action driven by supply tightness and regional risk rather than a clear demand shift.
Oil prices recovered after Wednesday's sharp drop, with Brent and WTI still supported by tight supply and falling U.S. inventories. Traders remained cautious amid an uncertain Middle East peace outlook, which is keeping a geopolitical risk premium in place. The tone is stable but defensive, with price action driven by supply tightness and regional risk rather than a clear demand shift.
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neutral
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0.10
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