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Oil prices recover some of previous day's losses

  • Oil prices gained ground Thursday, recouping some losses from Wednesday's nearly 2% drop.
  • Market investors weighed varied factors including supply, trade, and diplomatic developments.
  • Sources familiar with OPEC+ talks indicated members may propose faster June output increases.
  • Analysts project a prolonged US-China trade conflict could halve China's oil demand growth.
  • This balancing act reflected market uncertainty regarding future price direction.
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  • 60% of the sources are Center
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Investing News Network broke the news in on Wednesday, April 23, 2025.
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