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Oil Prices Tumble as Trump Announces Iran-Israel Ceasefire

Oil Prices Tumble as Trump Announces Iran-Israel Ceasefire

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By Tom Kool – Jun 23, 2025, 6:27 PM CDT WTI crude prices fell over 5% to $65.02/barrel after ceasefire announcement. Ceasefire reduces geopolitical risk premium previously inflating oil prices. Market attention now shifting back to supply-demand fundamentals. Oil prices continue to plunge on Monday afternoon following US President Donald Trump’s announcement of a tentative […]

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Gold shines amid fiscal fog and geopolitical shadows – TDS

Gold shines amid fiscal fog and geopolitical shadows – TDS

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What if the largest threat to global markets is not an oil price shock, but a prolonged conflict leading to a deeper US involvement in the war effort, with ultimate implications for defense spend and thereby for the fiscal outlook, TDS’ Senior Commodity Strategist Daniel Ghali notes. Markets face deeper risk from US war involvement “Gold remains the lowest-risk

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Staggered increases: Oil price hikes set for June 24, 26, 27

Staggered increases: Oil price hikes set for June 24, 26, 27

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Commuters wait for jeepneys along United Nations Avenue in Manila on June19, 2025. The STAR / Ryan Baldemor MANILA, Philippines (2nd update, 6:52 p.m.) — Oil companies have begun rolling out staggered price hikes starting June 24, following the Department of Energy’s (DOE) call to ease the impact of a looming P5-per-liter increase on consumers. The

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Asian stocks drop after Fed warning, oil dips with Mideast in focus

Asian stocks drop after Fed warning, oil dips with Mideast in focus

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Hong Kong stocks led losses in Asian markets. Photo: Bertha WANG / AFP Source: AFP Asian stocks fell Thursday after the Federal Reserve warned Donald Trump’s trade war would likely reignite US inflation and dampen economic growth, while oil prices edged down as investors awaited developments in the Israel-Iran conflict. While geopolitical tensions are the

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Fears conflict in the Middle East will send petrol, diesel and home-heating oil prices soaring

Fears conflict in the Middle East will send petrol, diesel and home-heating oil prices soaring

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The Israeli attacks on Iran have prompted fears that petrol, diesel and home-heating oil prices will shoot up. Petrol and diesel prices have been rising for days, and there has also been a surge in the cost of home-heating oil. The price of 1,000 litres of heating oil has risen by €25 in the past

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Oil Prices Surge as Israel and Iran Target Each Other’s Energy Infrastructure

Oil Prices Surge as Israel and Iran Target Each Other’s Energy Infrastructure

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Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info By Tom Kool – Jun 15, 2025, 5:30 PM CDT Brent crude futures opened more than 4% higher on Sunday evening, trading above $77 per barrel, as tensions between Iran and Israel erupted into

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