Oil Prices Rise Amid U.S. Inflation Data and Tensions in Rafah
This week, oil markets showed resilience as futures closed higher despite a strong dollar, buoyed by the latest U.S. inflation data and geopolitical developments. The release of the U.S. Personal Consumption Expenditures (PCE) Price Index for March influenced trading behaviors, highlighting the interplay between economic indicators and commodity prices. West Texas Intermediate (WTI) crude for […]