Ceasefire Between the US and Iran Causes Sharp Drop in Oil Prices
Global financial markets have undergone significant changes following the announcement of a temporary ceasefire between the US and Iran. After…
WTI crude
Oil Prices Rise Due to Blockade of the Strait of Hormuz and Threat of War
Global oil prices continue to rise due to the ongoing blockade of the Strait of Hormuz by Iran and the…
Global Oil Prices Fall Due to Resumption of US-Iran Negotiations
On February 9, global oil prices dropped by 1% after the United States and Iran announced their intention to continue…
Oil Prices Rise Due to Supply Disruption Risks from Venezuela and Iran
Global oil prices have shown an increase for the second consecutive day amid uncertainty regarding future supplies from Venezuela and…
Oil Prices Decline Due to Resumption of Supplies from Kurdistan and Weak Demand
Global oil prices have shown a decline after reaching a seven-week high. This trend is attributed to uncertainty regarding the…
Global Oil Prices Rise Due to Escalation of War in Ukraine and Supply Risks
Oil prices are rising amid the intensification of the war in Ukraine, raising concerns about the stability of raw material…
Global Oil Prices Fall Amid New US Tariffs and OPEC+ Decisions
Oil prices continue to decline, showing the most significant drop since the end of June. By the end of the…
Oil Prices Rise Due to US Customs Threats to India Over Russian Oil Purchases
Global oil prices showed a confident increase on August 6 after US President Donald Trump threatened India with higher tariffs…
Brent and WTI Oil Prices Decline Due to China’s Economic Slowdown
Oil prices on global markets have fallen amid the slowdown of China's economy. On the morning of June 9, Brent…
Oil Prices Decline Amid Expectations of Increased OPEC Production
Oil prices continue to decline for the second consecutive day as investors anticipate that OPEC countries and their allies may…