See the historical price charts and analysis below. See the historical price charts and analysis ... market factors are the true price-determinants of crude oil spot prices. Crude oil market ...

While Iranian supply threats are pushing prices higher, global demand uncertainty and U.S. cost pressures are keeping gains in check. On Friday, Light Crude Oil Futures settled at $61.50 ...

Oil futures tanked more than 6% on Thursday as Trump's tariffs sent financial markets reeling and new global supply developments suggested the balance in the global oil market would remain under ...

While this could lead to a future supply crunch, for now it adds to market caution. This week’s crude oil market action was driven by a deepening demand outlook and rising macroeconomic stress.

Aside from the physical groundwork of gathering and processing oil, market regulations are the true price-determinants of crude oil spot prices. Crude oil market regulations control supply and ...

Global oil supply is set to rise by 1.2 million barrels per day (bpd) this year, lower by 260,000 bpd than the growth expected last month, the International Energy Agency (IEA) said on Tuesday ...

Oil prices experienced a roughly 1% decrease on Monday as the United States and Iran initiated discussions to establish a framework for a potential nuclear agreement, easing concerns about supply ...

Oil prices fell about 1% on Monday after nuclear talks between the United States and Iran progressed, reducing the concerns that the dispute will reduce supply from the major Middle Eastern producer.

This move helped ease concerns over a possible crude oil supply constraint. At 9.54 am on Monday, June Brent oil futures were at $66.91, down by 1.55 per cent, and June crude oil futures on WTI ...

Light crude oil is posting a solid weekly gain, closing near $69.90 on Thursday, up roughly 2.4%, as traders responded to tightening global supply and rising geopolitical risks. However ...

The International Energy Agency has estimated that crude oil supply next year is likely to average around 1.9 million barrels per day, while demand growth is seen at 1.1 million barrels per day.

“There is plenty of supply around,” said Hardy on oil availability for 2025 and in the medium term. He commented that despite some “threats” to potential supply, he sees that “by and ...