Oil Prices Fluctuate Amid Mixed Signals on Summer Demand and Geopolitical Tensions

Investors weigh U.S. inventory data, consumer confidence, and Middle East conflicts as crude oil markets remain volatile.

Recent U.S. crude oil and gasoline stockpile data show conflicting trends, impacting market sentiment.
Geopolitical tensions in the Middle East, especially between Israel and Hezbollah, are influencing oil prices.
The strength of the U.S. dollar and Federal Reserve policies on interest rates are also key factors.
Analysts are divided on the outlook for summer fuel demand amid high inventory levels and economic uncertainties.
Drone attacks on Russian refineries and new EU sanctions on Russia add to the supply concerns.