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global energy market

Oil Prices Surge as Israel Retaliates with Airstrikes Against Iran

Global Energy Markets Jolt as Israel–Iran Conflict Sparks Oil Price Surge: Global energy markets took a dramatic turn Friday after Israel launched a wave of airstrikes targeting Iran’s nuclear and military facilities. Brent crude jumped more than 9%, surpassing $75 per barrel for the first time since January. U.S. West Texas Intermediate (WTI) crude surged […]

Safe-Haven Demand Ebbs: Gold Falls From Peak Amid Trade Optimism

Gold markets opened the week under pressure, with spot prices falling 1.8% to 2,285/oz, the steepest single−session decline since March 12, as easing US−China trade tensions and stronger−than−expected economic indicators reduced safe−haven demand. The pull back follows gold′s April surge to a record 2,435/oz.” Key Drivers: Trade Developments: China signals willingness to negotiate farm tariffs Economic […]

Oil Prices Rebound 1% After Tariff-Induced Selloff, But Recession Fears Linger

Global oil markets experienced a modest recovery on Tuesday, with prices climbing more than 1% after a brutal selloff driven by fears that new U.S. tariffs could trigger a worldwide economic slowdown. The rebound offered temporary relief to energy investors, but analysts warned the recovery remains fragile as trade tensions between Washington and Beijing escalate. […]

Goldman Sachs Slashes Oil Price Forecasts by $15 as Tariff Fears and OPEC Surplus Loom

Goldman Sachs has revised its Brent crude oil price forecast downward by 15 per barrel, now projecting an average of 75 for Q3 2025, citing escalating trade tensions and unexpected OPEC+ supply increases. Key Factors Driving the Downgrade: Trump Tariff Fallout: Potential 10-15% drop in global trade volumes Reduced industrial demand from China and Europe Strengthening […]