Oil Prices July 2025 Slip as Trump Plays Diplomatic Card, China GDP Surprises
Oil prices slipped on Tuesday, July 15, 2025, extending Monday’s selloff after U.S. President Donald Trump provided Russia with more time to secure a peace deal in Ukraine before imposing sanctions. However, stronger-than-expected China GDP data offered some support to...
Read more
Oil Prices Fall After Surprise OPEC+ Output Hike
📌 Key Takeaways OPEC+ Stuns Market with Bigger-Than-Expected Output Hike In a surprise move that rattled energy markets, OPEC+ announced a production increase of 548,000 barrels per day starting in August. This decision caught traders off guard, as most expected...
Read more
Oil Prices Surge 2.7% After U.S. Strikes on Iran’s Nuclear Sites
Key Developments at a Glance Indicator Status WTI Crude Oil Prices Surge Up 2.7% intraday to around $74/barrel Strait of Hormuz Oil Flow Carries ~20% of global oil trade Iran’s Parliament Vote Approved Strait closure; awaiting Security Council ratification Market...
Read more
Rising U.S. Crude Oil Prices Amid Escalating Middle East Tensions
Market Snapshot – Key Oil Statistics Indicator Value WTI Crude Oil Price Approx. $73.8 per barrel Price Trend Third consecutive week of gains Iranian Oil Exports 2.2 million barrels per day (highest in 5 weeks) U.S. Oil Inventory Largest weekly...
Read more
Brent Oil Volatility Amid Easing Iran-Israel Crisis
On Monday, Brent crude oil futures stabilized around $74 per barrel, after a sharp 7% surge on Friday and an early 5.5% jump on Monday. However, part of those gains were later erased as signs of reduced geopolitical risk between...
Read more
