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Oil prices rebound from multi-month lows as US dollar weakens and supply concerns ease.

Market News
02 Jul 2026
FXEmpire
View Source
Neutral
pluang ai news

Oil prices, including WTI and Brent, have rebounded from recent multi-month lows due to a pullback in the US dollar and easing supply concerns as Saudi and UAE exports near pre-war levels. The market is closely watching the Strait of Hormuz, a key oil route, amid geopolitical tensions and potential fees for passage. Natural gas remains range-bound near $3.20-$3.25 following a larger-than-expected increase in US storage. If oil prices hold above key support levels, they may test higher resistance points in the near term, with traders awaiting stronger catalysts to drive momentum.

More News

SupplySide Global 2026 expands to three expo days with new features and education format

SupplySide Global 2026 expands to three expo days with new features and education format

SupplySide Global 2026, a leading event for supplement, food, and beverage innovation, will be held October 28-30 in Las Vegas with education sessions from October 26-30. The event expands to three expo days, offering attendees more time to connect w...

Others
Neutral
1 hour ago
Pizza Hut UK reopens Marble Arch restaurant with a customer memory contest and £1,973 prize.

Pizza Hut UK reopens Marble Arch restaurant with a customer memory contest and £1,973 prize.

Pizza Hut UK has reopened its iconic Marble Arch restaurant after a full refurbishment, celebrating its heritage since 1973. To mark the occasion, the brand launched a social media contest inviting customers to share photos of their Pizza Hut memorie...

Others
Bullish
2 hours ago
GraniteShares announces monthly distributions for eight Autocallable ETFs with varying yields.

GraniteShares announces monthly distributions for eight Autocallable ETFs with varying yields.

GraniteShares has declared monthly distributions for its eight Autocallable ETFs, including ANV, TLA, MSR, ATC, PLA, AHD, SCA, and MRA. These ETFs offer distribution rates ranging from 0% to nearly 48%, reflecting their investment in single-stock aut...

Company Fundamentals
Neutral
2 hours ago
Hostinger launches AI-powered ecommerce platform enabling product sales via photo links without a website.

Hostinger launches AI-powered ecommerce platform enabling product sales via photo links without a website.

Hostinger has introduced Hostinger Ecommerce, an AI-driven platform that allows small sellers to create product pages and checkout links from photos in minutes, without needing a website. The platform manages inventory, orders, payments, and shipping...

Others
Bullish
2 hours ago
Goldhills to settle $158K debt by issuing 3.16M shares at $0.05 each, pending TSX approval.

Goldhills to settle $158K debt by issuing 3.16M shares at $0.05 each, pending TSX approval.

Goldhills Holding Ltd. plans to settle $158,133 of outstanding debt by issuing 3,162,660 common shares priced at $0.05 each to related parties. These shares will be subject to a four-month hold period. The transaction qualifies as a related party dea...

Company Fundamentals
Neutral
4 hours ago
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