US EIA Weekly Crude Production 13.585M (Prev. 13.596M)
The slight decline in US EIA weekly crude production from 13.596M to 13.585M suggests a marginal easing in supply.
Iran reportedly has no plans to negotiate with the US on Friday, according to Tasnim
US Attorney Pirro says Fed investigation continues, appealing the decision of Judge Boasberg
US EIA Weekly Crude Production 13.585M (Prev. 13.596M)
[Reuters withdraws report, says sources were wrong] Trump reportedly willing to give Iran another 3-5 days for ceasefire, Reuters reports citing sources
US Treasury Secretary Bessent says he think Iran conflict will end, and gas prices will drop; gas prices may even get lower than pre-war
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While this change is minor, any decrease can impact market perception, potentially driving prices higher if demand remains steady. Traders should keep an eye on broader supply dynamics and geopolitical factors that may amplify these movements.
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