<\/p>\n\n\n\n
Oil prices climbed on Tuesday, recovering from the prior session\u2019s sharp losses as traders closed short positions and rebalanced amid mixed signals from global markets. However, concerns about long-term demand remain elevated, driven by fears of a slowing global economy due to rising trade tensions and U.S. monetary policy uncertainty.<\/p>\n\n\n\n
Both benchmarks had fallen more than 2% on Monday, primarily due to progress in U.S.-Iran nuclear deal talks<\/strong>, which would raise the prospect of Iranian oil returning to the market and increasing global supply.<\/p>\n\n\n\n The rebound came despite ongoing pressure from macroeconomic developments. On Monday, President Donald Trump renewed criticism of Fed Chair Jerome Powell<\/strong>, calling for immediate interest rate cuts to prevent an economic slowdown.<\/p>\n\n\n\n This reignited fears over Federal Reserve independence<\/strong>, which rattled U.S. markets and sent the dollar index to a three-year low<\/strong>, adding another layer of uncertainty to the global demand outlook.<\/p>\n\n\n\n Trump\u2019s trade policies also remain a key overhang for oil, particularly as tariff-related friction with China and other partners<\/strong> could suppress industrial activity and fuel consumption.<\/p>\n\n\n\n Efforts to revive the 2015 Iran nuclear deal<\/strong> moved forward over the weekend, with both sides agreeing to begin drafting a framework. A successful agreement could ease sanctions on Iranian crude exports<\/strong>, increasing global supply and weighing on prices longer-term.<\/p>\n\n\n\n Analysts noted that this development partially explains the Monday sell-off, as markets priced in the potential for higher future output<\/strong>.<\/p>\n\n\n\n Adding to the bearish tone, Russia\u2019s economy ministry cut its 2025 Brent crude forecast by nearly 17%<\/strong>, signaling growing official expectations of prolonged price pressure from weaker demand and oversupply concerns.<\/p>\n\n\n\n Ahead of key industry reports:<\/p>\n\n\n\n The American Petroleum Institute (API) and the Energy Information Administration (EIA)<\/strong> are scheduled to release their weekly figures, which could influence short-term price direction depending on inventory shifts.<\/p>\n\n\n\n While today\u2019s bounce reflects some technical buying and short-covering, the broader outlook remains cautious. Investors are watching:<\/p>\n\n\n\n Any signs of weakening demand or faster-than-expected supply returns could quickly cap gains and renew downward pressure on prices.<\/p>\n","protected":false},"excerpt":{"rendered":" Oil prices climbed on Tuesday, recovering from the prior session\u2019s sharp losses as traders closed short positions and rebalanced amid mixed signals from global markets. However, concerns about long-term demand remain elevated, driven by fears of a slowing global economy due to rising trade tensions and U.S. monetary policy uncertainty. Price Movements Brent Crude: \u2191 …<\/p>\n","protected":false},"author":9,"featured_media":105619,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[],"class_list":["post-113919","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=113919"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113919\/revisions"}],"predecessor-version":[{"id":113920,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/113919\/revisions\/113920"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/105619"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=113919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=113919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=113919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n\n\n\nTariff Tensions and Powell Controversy Cast Shadows<\/strong><\/h3>\n\n\n\n
\n\n\n\nU.S.-Iran Talks Ease Supply Fears<\/strong><\/h3>\n\n\n\n
\n\n\n\nRussian Price Forecast Revised Downward<\/strong><\/h3>\n\n\n\n
\n\n\n\nU.S. Inventory Data in Focus<\/strong><\/h3>\n\n\n\n
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\n\n\n\nOutlook<\/strong><\/h3>\n\n\n\n
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