MarketPR
Oil prices ended the session mixed as postponed U.S.-Iran diplomatic talks tempered earlier optimism built around ceasefire progress in the Middle East.
With the most acute supply fears fading and tanker traffic resuming through the Strait of Hormuz, the market's risk calculus is quietly shifting.
Traders are rotating attention toward oil demand and OPEC's market outlook — the two variables with the most durable price implications for $OP.
Hormuz Risk Premium Deflates The supply-disruption trade is losing its engine.
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