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Crude oil drives larger with deal with geopolitical dangers, OPEC+ plan to rein in manufacturing

StockWaves By StockWaves 1 Min Read
Crude oil drives larger with deal with geopolitical dangers, OPEC+ plan to rein in manufacturing


Mar. 21, 2025 7:30 PM ETUnited States Oil Fund, LP ETF (USO), XLEUCO, FCEL, DBO, UNG, FCG, USL, MXC, GEL, SCO, USAU, UNL, BNO, AMRC, UAMY, AMTX, CNL, BOIL, KOLD, DC, NEXT, GUSH, DRIP, USOI, KLXE, NFE, CO1:COM, NG1:COM, CL1:COM, VGAS, FEAM, IEBy: Carl Surran, SA Information Editor

SlavkoSereda/iStock through Getty Photos

Crude oil futures posted their second straight weekly achieve, boosted by bullish geopolitical developments, together with U.S. strikes on Houthi insurgent targets and Israeli strikes on Gaza, whereas the U.S. tightened enforcement towards Iranian crude by sanctioning a Chinese language refinery.

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