Crude oil futures skyrocketed overnight but have shown a significant pullback over the course of the trading day on Thursday.After surging as much as $3.84 or 4.3 percent to a high of $92.52 a barrel, crude for July delivery was seen trading up by $0.32 or 0.4 percent at $89 a barrel.The pullback by oil prices came after a report from Axios said U.S. and Iranian negotiators have reached an agreeme…
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Market Analysis
Crude Oil Pulls Back Well Off Early Highs After Overnight Spike
2026-05-28 18:30:15
