Mohammad Javad Darestani
December 8, 2024
Oil prices declined due to concerns over a supply glut and reduced demand next year, despite the extension of OPEC+ production cuts.
December 2, 2024
Following the announcement of a ceasefire between Israel and Hezbollah and analysts' forecasts of increased supply in 2025, oil prices declined this week despite the onset of tensions in Syria.
November 11, 2024
Although oil prices ended the week on an upward trend, they experienced a noticeable decline on Friday due to reduced concerns about the impact of Hurricane Rafael on oil and gas infrastructure in the U.S.