Oil Markets Focus on OPEC+ as Geopolitical Catalysts Cool
Tuesday, 27 May 2025 () Oil markets will be fully focused on OPEC+ this week after talks between Russia and Ukraine appeared to break down, the U.S. negotiations with Iran stalled, and Trump delayed his trade war with the EU until July.- As the US hurricane season officially starts June 1, oil markets have been placing their bets on potential supply disruptions as the NOAA predicts the 2025 Atlantic hurricane season to be above normal.- The agency is forecasting 13 to 19 named storms, of which 3 to 5 are expected to become major hurricanes (winds of 111 mph or higher),…
As global stock markets reel from a historic downturn—fueled by U.S. tariffs and heightened recession fears—Saudi Arabia stands out as an unexpected outlier. On Monday, the Tadawul All Share Index..
Oil prices have plunged to a four-year low, with Brent crude falling below $64 per barrel amid intensifying US-China trade tensions. The collapse follows Trump’s sweeping tariff move and China’s..