Oil market could hit ’red zone’ in July-August, IEA chief says Last updated: May 21, 2026 2:15 pm Share 0 Min Read SHARE Oil market could hit ’red zone’ in July-August, IEA chief says Source link You Might Also Like UK Inflation Hits 3-Month High as Energy & Food Pressures Mount Gold holds steady as traders brace for Trump–Xi summit Silver reverses as bearish-engulfing pattern hints at further losses Japanese Yen weakens as stronger US Dollar and elevated energy prices weigh on sentiment Sunset Market Commentary – ActionForex Sign Up For Daily NewsletterBe keep up! Get the latest breaking news delivered straight to your inbox.[mc4wp_form]By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time. Share This Article Facebook LinkedIn Reddit Copy Link Share Previous Article Fed Calmed the Markets Down Next Article The Deal Is Still Quite Unsure, Crude Oil Back Above $100: WTI Technical Analysis Latest News USD/JPY: Second Consecutive Week Closes Higher Trading Ideas May 22, 2026 Sunset Market Commentary – ActionForex Macro Drivers Market Analysis May 22, 2026 Energy firms boost rig count for fifth straight week May 22, 2026 USDCAD stretches above the 200 day MA. Best Strategy Updates May 22, 2026