IEA Oil Market Report: Global Demand Surge and Oil Price in 2025
The oil market is gearing up for another eventful year, with rising demand, shifting supply dynamics, and intense price swings shaping the outlook for 2025. The latest International Energy Agency (IEA) Oil Market Report forecasts a stronger demand recovery, led...
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Global Markets Tumble with Trump’s Tariffs Shake
Financial markets worldwide have reacted sharply to the Trump’s Tariffs Shake, sparking fears of escalating trade tensions. The new measures include: This move has triggered a widespread sell-off in global equities, intensifying concerns about a looming trade war. Market Reaction...
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Oil Prices Fall Amid Trump Policy Uncertainty
Oil prices continued their downward slide on Thursday, marking the sixth consecutive day of losses in Asian trading. This sustained decline reflects growing unease about how Donald Trump’s proposed trade tariffs and energy policies could impact global economic growth and...
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WTI Crude Oil Surges to Four-Week High
WTI crude oil futures climbed above $74 per barrel on Friday, reaching a four-week high and set to record the largest weekly gain since March 2023. This surge is primarily driven by escalating tensions in the Middle East, sparking fears...
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Increase in the Price of WTI Crude Oil
On Wednesday, WTI crude oil futures experienced a notable surge, rising above $71 per barrel. This increase follows a 2% gain from the previous session, driven by escalating tensions in the Middle East, particularly after Iran’s missile launch aimed at...
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