Oil falls but holds onto a weekly rise against a ‘murky’ supply and demand backdrop - MarketWatch

1. Oil prices faced pressure from macroeconomic concerns and geopolitical risks. 2. Iran sanctions heighten market tensions, potentially impacting oil supply. 3. OPEC+ plans to increase production may limit future price gains. 4. EIA report shows a rise in natural gas storage, affecting market dynamics. 5. Global economic signals remain mixed, influencing oil demand forecasts.