Oil prices were mixed on Tuesday after the U.S. Department of Energy said it would offer 11 million barrels of crude for sale from the nation's Strategic Petroleum Reserve ahead of financial sanctions against Iran, beginning in November.
The delivery period for the proposed sale of sour crudes will be from Oct. 1 through Nov. 30 as renewed U.S. sanctions against Iran take full effect in early November.
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Market Analysis
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.