Upside Ahead for Oil Prices as Supply Comes Into Focus

Oil prices climbed this week as OPEC+ committed to controlling supply while Trump continued his efforts to choke Iran's oil industry. Friday, March 21st, 2025 Buoyed by Trump’s continued pressure on Iran and OPEC+’s renewed efforts to send prices higher ahead of its April meeting by committing to additional overcompensation plans, ICE Brent is creeping back closer to the $75 per barrel mark, posting its second weekly gain. The oil markets have become desensitized to US Federal Reserve meetings and with the awkward implementation…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com