Markets

The oil futures market experienced a turbulent week from Jan. 27 to 31, characterized by significant price swings driven primarily by uncertainty surrounding US trade policy.

The oil market experienced notable fluctuations during the week of Jan. 20, 2025, primarily influenced by US President Donald Trump’s inauguration and his subsequent policy announcements.

The global oil market in early 2025 is marked by volatility, driven largely by the US sanctions on Russia’s oil sector.

Oil prices have experienced notable fluctuations during the first days of Jan. 2025, with concerns over supply glut, technical resistance levels, and geopolitical tensions influencing the market.

Crude oil prices have seen significant fluctuations in the closing weeks of 2024, driven by a complex mix of economic factors, geopolitical risks, and shifting market sentiment.

The oil futures market saw mixed movements during the final week of Dec., influenced by a combination of geopolitical tensions, economic data, and supply concerns. 

Oil prices were highly volatile this week, driven by economic data, geopolitical risks, and the Federal Reserve’s monetary policy decisions.

In addition to the threat of more sanctions on Russia and Iran, oil futures were supported by the overthrow of Syrian President Assad and by promises from China that fiscal stimulus measures would be increased.

Some market watchers chose to focus on predictions of a supply overhang next year rather than on OPEC+ continuing to keep large volumes off of the market.

The deal between Israel and Hezbollah was seen as minimizing the potential for war-related supply disruptions in the region.