TLDR Oil prices dipped on Wednesday as U.S. and Iranian officials held separate talks with mediators in Qatar Iran refused direct talks with U.S. envoys, clouding prospects for a lasting peace deal Brent crude fell roughly 38% in Q2, its steepest quarterly drop since early 2020 U.S. crude production hit a record 13.93 million barrels
Oil Prices Drops After Iran-U.S. Peace Talks Stall in Qatar Read More »
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Jim Cramer drops blunt 7-word verdict on oil prices Read More »
Oil price crash exceeds 5% as Trump signals an Iran deal, but Rystad warns physical recovery will take 6 to 8 weeks. The post Oil Price Drops 5% on Iran Deal, But Recovery Won’t be Easy appeared first on BeInCrypto… https://beincrypto.com/trump-iran-deal-oil-price-impact/
Oil Price Drops 5% on Iran Deal, But Recovery Won’t be Easy Read More »
Marco Rubio sat down with G7 foreign ministers and told them privately that the war with Iran could continue another two to four weeks, handing Washington’s closest allies and the market a countdown. Reports noted that Rubio publicly said the operation should conclude in “weeks, not months,” and the gap between those two framings captures
Bitcoin fell back toward $65,000 on Friday as investors cut exposure to risk assets after another round of Middle East tensions kept oil prices elevated, pushed Treasury yields to their highest levels in months, and lifted the dollar. According to CryptoSlate’s data, BTC dumped nearly 5% to around $66,484, its lowest price since the beginning
Bitcoin drops toward $70,000 ahead of U.S. jobs data; oil price rises on Iran war Investors are turning more defensive as geopolitical tensions rise and key U.S. labor market data approaches. Mar 6, 2026, 10:29 a.m. Bitcoin is on the cusp of falling below $70,000 for the first time since Wednesday, after climbing as high
Bitcoin drops toward $70,000 ahead of U.S. jobs data; oil price rises on Iran war Read More »
TLDR BP suspended share buybacks to strengthen its balance sheet as oil prices remain under pressure from oversupply concerns. The British energy company reported Q4 profit of $1.54 billion, matching forecasts but down from $2.21 billion in Q3. Shares fell 5.4% in London trading after the buyback suspension announcement, with U.S. shares down 6% pre-market.
BP Stock Drops 5% as Company Suspends Share Buyback Program Read More »
Oil drilling rigs Oil prices retreated at the close of Friday’s trading as investors assessed market prospects, alongside peace talks between Russia and Ukraine and rising tensions between the United States and Venezuela. Brent crude futures for February delivery fell 2.57%, or $1.60, to $60.64 per barrel, recording a weekly loss of 0.28%. Meanwhile, US
Oil drops over 2.5% as investors assess Russia-Ukraine peace talks Read More »
WTI price dropped by about 3% on Thursday due to escalating fears of a global supply surplus. Trump commented, “I think we are getting very close to a deal with Iran. Iran has agreed to the terms.” US EIA reported a substantial crude inventory increase of 3.5 million barrels last week, raising stockpiles to 441.8
WTI drops to near $60.50, crude Oil slides 3% on US-Iran nuclear deal hopes Read More »
Oil drilling rigs Oil prices deepened their losses today, April 3, after OPEC+ surprised the markets by agreeing to boost supplies in May with an increase equivalent to three monthly increments from its previous output hike plan. This was compounded by fears of a global recession due to US President Donald Trump’s reciprocal tariffs. Brent
Oil drops over 5.5% after OPEC+ decision Read More »
