oil prices drop - Unews World

US stock market today: Wall street rallies after announcement of Israel-Iran ceasefire, oil prices drop sharply – Times of India

June 24, 2025 0

Oil prices fell sharply and global stocks rallied on Tuesday after President Donald Trump announced a ceasefire between Israel and Iran, easing fears of a broader conflict that could disrupt global crude supply.Benchmark US crude tumbled 4.9% to $65.12 a barrel, while Brent, the international benchmark, slid 4.8% to $67.14. The drop brought oil prices below the levels seen before …

Oil drops over 7% as Trump’s announces Iran-Isreal ceasefire, stocks climb across Asia, investors shift back into equities – Times of India

June 24, 2025 0

(Representative image credits: ANI) Asian shares climbed on Tuesday while oil prices dropped, as investor fears of a major energy shock eased following US President Donald Trump‘s announcement of a ceasefire between Iran and Israel.Markets were reassured after Iran did not retaliate to a US strike on its nuclear facilities by disrupting oil transport through the Strait of Hormuz. Instead, …

OPEC+ announces sharp increase in July oil production – Times of India

May 31, 2025 0

VIENNA: Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for July.They will produce an additional 411,000 barrels a day — the same target set for May and then June — according to a statement, which is more than three times greater than the group had previously planned.In recent years, the …