Oil prices exhibited little movement on Monday in anticipation of discussions between Washington and Tehran. Concerns regarding Iran-U.S. tensions that could potentially disrupt oil flows are providing support for prices, while OPEC+ appears inclined to resume output increases starting in April. Brent crude futures experienced a slight decline of 3 cents, settling at $67.72 a Read More
Oil prices exhibited minimal variation on Friday following a decline in the preceding session, positioning themselves for a second consecutive weekly decrease. This trend is attributed to diminishing worries regarding a potential conflict involving Iran that could disrupt supply, alongside projections indicating that supply will surpass demand this year. Brent crude oil futures experienced an Read More
Oil prices experienced a slight increase on Thursday morning amid investor concerns regarding the rising tensions between the U.S. and Iran. Brent crude oil futures increased by 34 cents, representing a 0.49% rise, reaching $69.74 per barrel at 0126. U.S. West Texas Intermediate crude increased by 37 cents, or 0.57%, reaching a price of $65.00. Read More
