Oil prices traded higher on Wednesday as concerns grew that the Middle East conflict could drag on.
Brent crude futures were up 0.8 percent at $99.27 a barrel after settling 3.5 percent higher the previous day. WTI crude futures edged up by 0.9 percent to $90.46 after climbing 3 percent on Tuesday.
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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.