Oil prices rose slightly on Wednesday after two consecutive sessions of losses.
Prices received some support amid the threat of tighter supplies from OPEC and its partners. The upside, however, remained capped by growing risks of a global recession and tightening Covid-19 curbs in China.
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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.