Meanwhile, the U.S. stock market held relatively steady near its records
Thursday's market performance aside, "it's been a really strong three, four weeks"
Raw material, producer prices rise sharply due to energy products
Since late March, expectations have built that the U.S., Iran will avoid a worst-case scenario for the global economy
Brent oil briefly barrelled above US$107 on Thursday
"We're kind of in limbo here,” iA Private Wealth advisor says
Uncertainty about what will happen in the war with Iran is still impacting oil prices
Oil prices wavered on uncertainty over Middle East ceasefire negotiations
Dollar responds to demand shocks, but supply shocks ignored: Scotia
Even if Middle East conflict abates, global risk outlook has fundamentally shifted