Oil Futures Mixed Amid Supply Recovery Outlook
Crude oil markets are recalibrating as the reopening of the Strait of Hormuz shifts trader focus from supply-disruption risks to long-term fundamental supply-demand balances. West Texas Intermediate (WTI) recently settled at $76.60 a barrel, while Brent crude traded at $79.85, as analysts at Gelber & Associates suggest the market is reassessing whether current prices are … Read more