…the current pullback reflects profit-taking rather than a fundamental deterioration in market outlook. Analysts expect selling pressure to persist in the near term, though the elevated turnover levels and improving breadth seen on select sessions suggest that institutional bargain hunting may begin to cushion further d…

…cuts by OPEC and its allies could trigger upward price movements, the prevailing market outlook remains relatively stable to bearish." The association identified continued implementation of the U.S.-Iran peace agreement, increased crude oil exports from the Middle East and concerns over weaker global oil demand as fact…