Oil Prices Steady Amid Mixed Supply Signals and Geopolitical Tensions

Despite recent fluctuations, oil markets remain relatively stable due to diverse supply sources and ongoing geopolitical events.

Oil prices see minor adjustments as U.S. crude stockpiles increase and geopolitical tensions persist.
Recent attacks on Russian refineries and Middle Eastern conflicts contribute to supply concerns.
OPEC+ unlikely to change output policy before June, maintaining current production cuts.
Increased gold and silver prices contrast with the minor decline in oil and other commodities.
Market stability attributed to diversified supply sources and anticipation of global demand shifts.