Oil prices traded higher on Wednesday after falling sharply in the previous session following a warning from the International Energy Agency that high oil prices could lead to a fall in global demand.
The International Monetary Fund also warned that the ongoing conflict involving Iran has decelerated global economic momentum.
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Market Analysis
April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.