Crude oil trading reminder: escalating tensions in the Middle East+multiple benefits, oil prices rebound strongly from nearly two month lows by nearly 5%

The tension in the Middle East has led to a rebound in oil prices. EIA data was released in the evening. Can oil prices break through the constraints of demand concerns?

Crude oil trading reminder: Affected by demand concerns, oil prices fell 1% to close at a seven week low

Crude oil trading reminder: Gaza ceasefire negotiations and demand concerns lead to a 2% drop in oil prices to a six week low