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Oil prices fall $1 per barrel on reports Iran seeks truce with Israel
Oil prices slipped $1 per barrel on Monday in volatile trading after reports that Iran is seeking an end to hostilities with Israel, raising the possibility of a truce and easing fears of a disruption to crude supplies from the region.
The Federal Reserve, despite pressure from President Trump, left interest rates unchanged. Oil ticked higher as tensions ...
Goldman Sachs estimated a geopolitical risk premium of around $10 a barrel after Brent surged following Israel’s attack on Iran, adding that while the futures curve suggests much higher prices were ...
Oil prices bounced back on Wednesday morning after the EIA confirmed a very significant draw in crude inventories ...
Oil watchers are re-evaluating the risk premium they should place on the global crude market, with the prospect of the US ...
Meanwhile, gasoline inventories rose by 200,000 barrels, off from analyst forecasts of a 400,000-barrel increase.
As a net importer of crude, India faces mounting risks from rising oil prices — with potential implications for its economy, ...
India's crude oil import dependency hits record high of 90.6% in May 2025 due to rising consumption and declining production.
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