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Crude oil drives higher with focus on geopolitical risks, OPEC+ plan to rein in production

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Mar. 21, 2025 7:30 PM ETUnited States Oil Fund, LP ETF (USO), XLEUCO, FCEL, DBO, UNG, FCG, USL, MXC, GEL, SCO, USAU, UNL, BNO, AMRC, UAMY, AMTX, CNL, BOIL, KOLD, DC, NEXT, GUSH, DRIP, USOI, KLXE, NFE, CO1:COM, NG1:COM, CL1:COM, VGAS, FEAM, IEBy: Carl Surran, SA News Editor
Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

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Crude oil futures posted their second straight weekly gain, boosted by bullish geopolitical developments, including U.S. strikes on Houthi rebel targets and Israeli strikes on Gaza, while the U.S. tightened enforcement against Iranian crude by sanctioning a Chinese refinery.

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