Oil headed for its biggest weekly gain since early January on increasing supply uncertainty.<\/p>\n\n\n\n
West Texas Intermediate rose toward $73 a barrel and is up almost 3% this week in its biggest advance since January 10. Brent crude closed above $76. OPEC+ could delay a production increase, Kazakh output remains disrupted after a Ukrainian drone attack in Russia, while the status of a resumption of exports from Iraq\u2019s Kurdistan region is unclear.<\/p>\n\n\n\n
The lack of clarity on supplies has further muddied the outlook for crude, which has been buffeted by US President Donald Trump\u2019s quick-fire tariff actions and wider policy decisions. The threat of US duties on imports that could hamper global growth has seen futures erase most of this year\u2019s early gains over recent weeks.<\/p>\n\n\n\n
Elsewhere, the US signaled that sanctions relief for Russia could be on the table in talks over the war in Ukraine. Treasury Secretary Scott Bessent said on Thursday that the US was prepared to either ramp up or take down the penalties based on the Kremlin\u2019s willingness to negotiate.<\/p>\n\n\n\n
A weaker dollar also made commodities more attractive for many buyers. A Bloomberg gauge of the US currency declined to its lowest level since December on Thursday.<\/p>\n\n\n\n
Eqwires Research Analyst<\/a><\/strong><\/p>\n\n\n\n Top-notch SEBI registered research analyst<\/a><\/strong><\/p>\n\n\n\n Best SEBI registered Intraday tips provider <\/a><\/strong><\/p>\n\n\n\n info@eqwires.com<\/strong><\/a><\/p>\n\n\n\n Telegram <\/a>| Facebook <\/a>| Instagram<\/a><\/strong><\/p>\n\n\n\n Call: +91 9624421555 \/ +91 9624461555<\/em><\/strong><\/p>\n\n\n\n www.eqwires.com<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Oil headed for its biggest weekly gain since early January on increasing supply uncertainty. West Texas Intermediate rose toward $73 a barrel and is up almost 3% this week in its biggest advance since January 10. Brent crude closed above $76. OPEC+ could delay a production increase, Kazakh output remains disrupted after a Ukrainian drone attack in Russia, while the status of a resumption of exports from Iraq\u2019s Kurdistan region is unclear. The lack of … Continue reading “Oil set for weekly advance as supply uncertainty clouds outlook”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":3693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[],"class_list":["post-3692","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-sebi-registered-advisory-company"],"_links":{"self":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/3692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/comments?post=3692"}],"version-history":[{"count":1,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/3692\/revisions"}],"predecessor-version":[{"id":3694,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/3692\/revisions\/3694"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/media\/3693"}],"wp:attachment":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/media?parent=3692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/categories?post=3692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/tags?post=3692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}