Oil prices climb again as Middle East conflict and Russia-Ukraine energy doubts persist
📡 Barrons · 1 min read ·
Part of composite article Oil Slips After 3-Day Rally as Middle East War Raises Supply Fears View full article →
Oil futures rose for a third straight session on Wednesday. Traders remain worried about ongoing conflict in the Middle East. They are also skeptical about an energy ceasefire between Russia and Ukraine.
The market fears that supply disruptions could continue. Both regions are major energy producers.