Crude Oil Supported By Geopolitical Tensions, But Economic Slowdown Limits Gains

2025-03-17 02:28:31

(MENAFN- Investor Ideas) Investorideas, rated as a top 100 investment website for investing ideas, issues market commentary from Milad Azar Market Analyst at XTB MENA.

Crude oil futures rebounded amid rising tensions in the Middle East. US operations against Yemen's Houthis could leave traders on edge. The geopolitical risks could support oil prices in the short term, but the market could remain cautious in the face of the uncertainty regarding the long-term impact.

However, broader economic concerns continue to weigh on oil prices. Fears of a global economic slowdown resurfaced, worsened by escalating trade tensions between the U.S. and major economies. Data from China showed slower industrial output growth and only modest improvement in retail sales, which raised concerns over weaker demand from one of the world's largest consumers. While China's economic stimulus efforts could provide some support, the ongoing trade uncertainty risks dampening sentiment.

Furthermore, U.S. consumer sentiment has declined, and inflation remains a concern. This combination of factors adds pressure to oil prices. The outlook for crude prices remains mixed, with short-term movements mostly constrained by economic uncertainty and weaker global demand, limiting the potential for a breakout above USD 70 per barrel.

About Investorideas - Big Investing Ideas

Investorideas Named as one of 100 Best Investment Blogs and Websites in 2025 (8th)

Investorideas is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

Disclaimer/Disclosure: disclaimer and disclosure info

Global investors must adhere to regulations of each country.

MENAFN17032025000142011025ID1109324243

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.