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Crude oil gives up gains from escalating Middle East tensions, as economic worries persist

Mar. 18, 2025 6:45 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COMUCO, DBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, NG1:COMBy: 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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The boost to oil prices from a flare-up in Middle East tensions was short-lived Tuesday, with benchmark crude futures falling back as broader market weakness and concerns about a global glut of crude later in the year outweighed the dramatic escalation

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