Oil Holds Near Three-Month Low as Market Shows Signs of Weakness

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Oil traded near a three-month low as the market flashed signs of weakness ahead of the start of the US summer driving season.

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Oil price news: Oil trades near 3-month low on rising stocks and hawkish FedOil steadied near the lowest closing level in three months as traders weighed rising U.S. crude stockpiles and signs that the U.S. Federal Reserve may hold interest rates higher for longer.
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Oil price news: Oil inches down with market volatility measure near 2019 lowsOil edged lower on Tuesday in a rangebound market as attention turns toward the upcoming OPEC+ meeting that will set the group’s supply policy.
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