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Oil prices fell as traders anticipate talks between Trump and Putin, which may ease sanctions on Russia amid the Ukraine conflict. Concerns over weak Chinese economic data and a potential market surplus add to the downward pressure.
Stock markets in Asia experienced a downturn as U.S. officials hinted at tariff delays without clarity, while OPEC+ surprised with a larger-than-expected oil production increase, raising concerns about inflation and economic growth.
As President Trump's 90-day tariff pause approaches its end, markets brace for potential turmoil. With duties set to return unless trade deals are struck, futures are already showing signs of decline. Will August 1 see a repeat of the stock crash?
OPEC+'s latest oil supply shock is expected to create a surplus later this year, potentially lowering fuel prices as global demand shifts. This move follows pressure from President Trump for lower costs and highlights Saudi Arabia's confidence in the market.
OPEC+ is set to ramp up oil production more quickly than anticipated, as the alliance led by Saudi Arabia responds to robust summer demand. This move aims to reclaim market share and unwind recent output cuts a year ahead of schedule.
Oil prices experienced a slight decline as concerns over U.S. tariffs and a looming supply boost from OPEC+ raised red flags among investors. With a trade deal uncertainty and rising crude inventories, experts weigh in on the implications for the market.
U.S. strikes on Iranian nuclear sites could escalate tensions in the Middle East, potentially disrupting oil exports and causing a spike in energy prices. However, history suggests any disruption may be short-lived.
Oil prices experienced a decline as investors remain cautious following President Trump's ambiguous statements regarding U.S. involvement in the Israel-Iran conflict. With the Federal Reserve keeping interest rates steady, market analysts are watching closely for potential impacts on global oil supply.
Oil prices soared over 2% as tensions between Iran and Israel escalate, with Trump urging evacuations from Tehran. Find out how this unrest could disrupt oil supplies and impact the global market.
