Oil Prices Inch Higher, but Traders Remain Cautious

Oil prices began the day with gains as US stock markets opened, driven by eased trade tensions and strong Chinese import data. OPEC revised its 2025 and 2026 global oil demand growth forecasts downward, citing uncertainties related to the ongoing trade war. Despite the positive start, traders remain cautious due to previous volatility and the mixed signals from supply dynamics and geopolitical factors. 1m ago 8:57am CST Oil & Gas Stocks Ride Wave of Green in Early Trading Energy stocks are riding higher on a wave of green today as oil prices climb…