- July 1st, 2025
Oil steady as investors watch OPEC+ decision
Oil prices steadied on Tuesday after sliding earlier in the session, with the market weighing expectations of an OPEC+ output hike in August in an upcoming meeting. ›
Oil prices steadied on Tuesday after sliding earlier in the session, with the market weighing expectations of an OPEC+ output hike in August in an upcoming meeting. ›
Oil prices fell on Monday as an easing of geopolitical risks in the Middle East and the prospect of another OPEC+ output hike in August improved supply expectations amid persistent uncertainty over the outlook for global demand. ›
European natural gas prices are headed for their biggest weekly retreat in almost two years after supply fears linked to tensions in the Middle East eased. ›
Oil held steady as traders grappled with conflicting signals about how much US military strikes hobbled Iran’s nuclear program and whether Washington will continue to target Tehran’s oil flows. ›
Oil options are now more bullish than after Russia’s invasion of Ukraine in 2022, showing a global market that’s on edge as Israel and Iran trade blows, and speculation mounts that the US May join the attack. ›
Oil prices hit their lowest in two weeks on Tuesday after Israel agreed to U.S. President Donald Trump’s proposal for a ceasefire with Iran, alleviating worries of supply disruptions in the Middle East – a major oil-producing region. ›
Oil prices jumped on Monday to their highest since January as the United States’ weekend move to join Israel in attacking Iran’s nuclear facilities stoked supply concerns. ›
Oil prices fell on Friday after the White House delayed a decision on U.S. involvement in the Israel-Iran conflict, but remained on course for a third consecutive weekly rise. ›
Oil prices surged on Thursday after Israel said it attacked Iranian nuclear sites in Natanz and Arak overnight and as investors grappled with fears of a broader conflict in the Middle East that could disrupt crude supplies. ›
European natural gas prices extended gains for a sixth day, the longest streak in almost four weeks, as the conflict between Israel and Iran raises concerns over vessel traffic via the Strait of Hormuz, a key energy trade route. ›