Global oil prices remain stable today, as investors closely monitor geopolitical developments between the United States and Iran.
Brent crude and WTI (West Texas Intermediate) prices are trading within a narrow range, with no significant upward or downward movement.
🌍 Market Focus – Geopolitics
The ongoing nuclear talks and security tensions between the US and Iran are directly affecting the oil market. Any instability in the Middle East is considered a potential risk to supply, which contributes to a “geopolitical risk premium” embedded in oil prices.
🛢️ OPEC+ Supply Plans
Future production decisions by OPEC+ also influence market sentiment. If production increases, prices could face downward pressure, while supply restrictions may push prices higher.
📊 Key Factors for Investors
Geopolitical risks
Global oil demand
Strength of the US dollar
US crude oil inventory data
