Latest Oil Prices, Market News and Analysis for April 18 Bloomberg

News Source : Bloomberg

News Summary

Oil fluctuated as markets weighed Iran’s threats on Israeli nuclear sites against a stronger US dollar
West Texas Intermediate settled little changed below $83 a barrel after swinging between gains and losses in nearly a $2 range
Oil remains higher year to date as geopolitical risks in Russia and the Middle East, as well as supply cuts from OPEC+

Oil held the largest decline in two months amid a slew of conflicting signals that ranged from rising stockpiles to tensions in the Middle East and the reimposition of US sanctions on Venezuelan crud [+309 chars]

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