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Oil Prices Rebound as Market Shrugs Off Oversupply Concerns

Copyright 漏 2025 博彩对冲 Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
Published:
Tue, May 6, 2025
Author
Gary Peach, New York
Editor
Chris Raine
Rise,,Gasoline,Prices,Trading,Oil
Golden Dayz/Shutterstock

Oil futures surged higher on Tuesday amid another spike in Mideast tensions and views that oil has been oversold relative to other commodities, as well as a surprise boost in Saudi Arabia鈥檚 official selling price for June barrels.

Topics:
Oil Futures and Derivatives, Oil Prices, Oil Forecasts, Oil Supply, Oil Demand, Opec-Plus Supply, Crude Oil
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