Oil Prices Set for Weekly Gain Despite Demand Uncertainty

Oil prices are set to end the week with a slight increase despite market uncertainty over demand due to Trump's trade wars. Friday, March 14th, 2025 Oil prices are set for their first weekly gain in a month, even if rising by only a couple of cents week-on-week, as the continuous barrage of tariff war news was offset by concerns around Trump’s Ukraine-Russia ceasefire plan and the tightening of sanctions vis-à-vis Iran. Since March 5, ICE Brent has been trading in an extremely tight band of $69.3-70.9 per barrel as the oil markets…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com