Oil traders are worried about a potential slowdown of the U.S. economy.
Oil markets test weekly highs as traders stay bullish amid supply worries.
Gasoline inventories declined by 0.2 million barrels.
Oil traders stay focused on supply disruptions and trade wars.
The recent attack on Kazakhstan's export route provides material support to oil markets.
Flows of oil from Kazakhstan were reduced after the attack, which was bullish for oil markets.
Oil traders focused on the weak Retail Sales report from the U.S.
Oil traders stay focused on geopolitical news and tariff policy outlook.
Oil markets are losing ground as traders bet that Russia's exports would not be hurt.
Gasoline inventories declined by 3 million barrels from the previous week.
Traders stay focused on the impact of the recent sanctions on Russia and Iran.
Crude oil rallies past key technical levels, driven by supply concerns. OPEC+ shortfalls and U.S. sanctions boost prices, but trade risks could cap gains.