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- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Analyst: Oil prices attempt to Rebound, focus returns to fundamentals
Jin10 data June 25 news, oil futures are recovering some lost ground after experiencing dumping in the previous two trading days due to the easing of the Israel-Iran conflict. Fawad Razaqzada from Forex.com stated in the report that any unexpected conflict could lead to prices soaring again, but the market's focus has returned to the fundamentals. Before the recent escalation of the conflict, prices had already risen from the low in April. He stated, "A big question traders are asking is: If oil prices were already on the rise before the war, can they regain that upward momentum from the current levels now?"