Category oil

Brent Oil Prices Drop Below $100

Brent oil falls below $100 after US, Iran near deal Brent oil prices have fallen below $100 after a report that the US and Iran are nearing a deal to end the war. The price drop is a significant development in the global oil market. The potential deal betwe

US Oil Prices Fall

WTI crude oil drops 8.91% on US-Iran accord hopes West Texas Intermediate crude oil prices have fallen sharply, trading around $91.00. The decline is attributed to easing fears over the Strait of Hormuz following reports of progress in US-Iran talks. This de

US-Iran Accord Talks Send Oil Prices Down

WTI crude oil falls 8.91% on US-Iran accord hopes West Texas Intermediate crude oil prices have dropped sharply, trading around $91.00. This decline is attributed to easing geopolitical risks in the Middle East. The rapid reassessment of risks follows reports of pro

The Week Ahead: is the Ceasefire Over?

The week ahead: Is the ceasefire over? The week ahead: Is the ceasefire over? The oil price is falling back this morning after Monday’s surge. Brent crude is lower by 1% and is trading around $113 per barrel, stocks slid in Asia, and futures prices point to a weaker