BRN prices remain near one-month highs, driven by U.S. sanctions Venezuela and Iran. Despite strong demand, market uncertainty persists as OPEC+ plans to increase output and Russian oil is set to potentially return.
Oil prices rose as US sanctions on Iran and OPEC+ output cuts fueled supply concerns. Geopolitical instability, including conflicts in Gaza and Yemen, added further risk premiums to the market.
Brent crude oil remains under pressure around $70 per barrel, despite a brief recovery, as concerns over a global trade war and oversupply weigh on the market. IEA warns of a growing supply surplus.
BRN prices remain near one-month highs, driven by U.S. sanctions Venezuela and Iran. Despite strong demand, market uncertainty persists as OPEC+ plans...
Oil prices rose as US sanctions on Iran and OPEC+ output cuts fueled supply concerns. Geopolitical instability, including conflicts in Gaza and Yemen,...
Brent crude oil remains under pressure around $70 per barrel, despite a brief recovery, as concerns over a global trade war and oversupply weigh on th...
Brent crude rose slightly to $70 per barrel but faces a 3.28% weekly loss. Market pressure stems from US trade uncertainty and global supply concerns....
Oil prices fell on Friday, set for their first monthly drop since November. Traders balanced supply concerns against economic fears from U.S. tariffs....
Crude Oil
Brent crude
BRN
OPEC+
Tariffs
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