empty
 
 

2025.09.0107:39:13UTC+00Oil Prices Rebound

WTI crude oil futures climbed above $64 per barrel on Monday, recovering from earlier declines amid ongoing concerns about potential supply disruptions due to the Russia-Ukraine conflict. Ukrainian President Volodymyr Zelenskiy announced plans on Sunday to intensify attacks deeper into Russian territory after drones targeted Ukraine's power infrastructure, heightening worries about further disruptions to regional energy supplies. Meanwhile, traders are closely watching whether India will succumb to U.S. pressure to halt Russian oil imports, following recent secondary U.S. sanctions imposed on New Delhi. Nonetheless, these geopolitical tensions are being offset by expectations of an impending oversupply and weaker demand forecasts. Market participants are anticipating the upcoming OPEC+ meeting later this week, as increased production from the alliance is expected to influence global supply projections. Although this additional output has not yet fully impacted the U.S. market, the largest consumer of fuel globally, the conclusion of the summer driving season is already affecting demand outlooks.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback