An End To a Four-Week Losing Streak for Oil?

Crude Oil Prices Recap: Key Drivers of Last Week's Market Movements This week, crude oil prices experienced notable volatility, with a mix of supply-side disruptions and ongoing demand concerns shaping the market. While temporary supply constraints provided some upward pressure, weak global demand, particularly from China, weighed heavily on price momentum. Hurricane Francine's Impact on U.S. Oil Supply Hurricane Francine was a significant catalyst driving oil prices higher midweek. The storm, which hit the U.S. Gulf of Mexico, led to the shutdown…