Found: 33

Desert Without a Storm: Why Oil Prices Aren't Breaking Records

... from President Trump against Iran. According to Trading Economics, on June 13, Russian Urals crude peaked at $68.54 per barrel, a 6% increase over the day, but by June 17 the price had fallen by 2% to $66.98 per barrel. On the morning of June 18, oil prices hovered around $75-76 per barrel for Brent and $71 for Urals, still below levels seen at the start of the year. Current oil prices suggest that the market is still largely disregarding extreme scenarios, notes Reuters columnist Ron Bousso. It appears that markets and investors are in a wait-and-see ...

Economic News: Sunday, July 27, 2025 – US and EU Close to a Trade Agreement, Markets Await Signals from the Fed

... change over the week: support from positive news from Wall Street and hopes for trade deals was balanced by local risks and investor caution in Asia. Commodity Markets: Oil Balances, Gold Holds Its Position The commodity markets are maintaining relative price equilibrium. Brent crude oil has been trading in a narrow range of around $67–70 per barrel for the past few weeks. By the end of this week, Brent quotes stabilized around $69 per barrel – slightly above the levels at the beginning of the week. On one hand, the ...

Economic News: Saturday, July 26, 2025 - CBRF Reduces Rate, Wall Street Hits New Highs

... changed slightly this week: support from Wall Street’s positivity was balanced by local risks and cautious investor sentiments in Asia. Commodity Markets: Oil in Balance, Gold at Its Peak The energy market is characterized by a relative equilibrium in prices. A barrel of Brent oil is maintaining a narrow range of $67–$70, showing only slight fluctuations over the past month. By the end of the week, Brent quotes were around $69 per barrel, slightly above Monday’s levels. Prices are supported by progress in trade negotiations: ...

Will production fall in Iran and Venezuela? Should the market expect a sharp rise in prices or increased competition among exporters?

... in the oil market. The political crisis in Venezuela coincided with another round of escalation between Israel and Iran, which raised expectations of a new surge in prices, even though the market had already ended July on a positive note: the average price of Brent rose by 3% over the past month, reaching $85.3 per barrel (compared to $82.6 per barrel in June). Venezuela: A Halted Renaissance From a formal standpoint, both cases could lead to a reduction in supply. In Venezuela, the potential decline ...

Monday, November 18, 2024: Key Economic Events of the Day

... Index remains high, indicating strong investor confidence in the U.S. economy. Asian Markets: Positive trends in Asian markets, including the Shanghai Composite and Hang Seng indices, suggest optimism in the region. Commodities: Rising gold and silver prices signal increased demand for safe-haven assets. Brent oil also shows an upward trend, likely driven by global supply concerns. Cryptocurrency: Bitcoin remains strong, holding above the $90,000 level. Impact on Russian Investors: Currency Rates: A strong dollar may exert pressure on the ruble, impacting ...