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Home Market Research Business

Crude oil jumps in light pre-holiday trade despite surprise build in U.S. stockpiles

by TheAdviserMagazine
3 months ago
in Business
Reading Time: 2 mins read
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Crude oil jumps in light pre-holiday trade despite surprise build in U.S. stockpiles
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Jul. 02, 2025 6:57 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COM, UCODBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, NG1:COMBy: Carl Surran, SA News Editor

SlavkoSereda/iStock via Getty Images

Crude oil futures jumped Wednesday in their strongest gains in two weeks after Iran said it is suspending cooperation with the International Atomic Energy Agency, returning some of the risk premium that faded following last week’s Israel-Iran ceasefire.

President Trump



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Tags: BuildCrudejumpsLightoilpreholidaystockpilessurprisetradeU.S
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