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Oil drops below pre-war prices as Saudi supplies improve
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Oil drops below pre-war prices as Saudi supplies improve

“A wave of oil is about to enter the market,” said Natasha Kanaeva, head of commodity research at JPMorgan Chase & Co. (Elke Scolliers/Getty Images via Bloomberg) July 2, 2026 10:36 am, EDT key takeaways: Oil fell below pre-war levels after Saudi Arabia resumed crude exports from its Ras Tanura terminal at normal rates. UAE

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Oil prices near pre-war levels
Trucks

Oil prices near pre-war levels

(Kaylee Greenlee/Bloomberg) June 25, 2026 8:44 am, EDT | Update: June 25, 2026 10:10 am, EDT key takeaways: US stocks rose on June 25, led by AI-powered chipmakers, with Micron rising 19.4% and Qualcomm gaining after strong results and forecasts. The rally reflects easing concerns about high valuations as strong earnings and falling oil prices

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