Oil prices pushed higher Wednesday, recovering after four days of straight declines as investors await the latest crude oil supply data from the U.S. Energy Information Administration later in the day.
Benchmark Brent crude futures rose 70 cents, or 1 percent, to $69.73 a barrel, while WTI crude oil futures were up 55 cents, or 0.8 percent, at $66.89 a barrel.
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Market Analysis
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.