Monday, December 8, 2025
Oil market reflects slim chance of supply disruption, Goldman analysts say- oil and gas 360

Oil market reflects slim chance of supply disruption, Goldman analysts say

(BOE Report)– Options markets suggest the probability of a disruption of oil flows through the Strait of Hormuz is just 4% following the Iran-Israel ceasefire, Goldman Sachs analysts said in a note on Thursday. Fears that Iran could close the Strait of Hormuz after U.S. strikes on its nuclear facilities sent Brent crude futures to a high of $81.40 on

Oil plunges 4% as Iran supply disruption concerns ease, demand outlook weakens- oil and gas 360

Oil plunges 4% as Iran supply disruption concerns ease, demand outlook weakens

(Investing) – HOUSTON -Oil prices tumbled more than 4% to a near two-week low on Tuesday due to a weaker demand outlook and after a media report said Israel would not strike Iranian nuclear and oil sites, easing fears of a supply disruption. Brent crude futures settled down $3.21, or 4.14%, at $74.25 a barrel. West Texas Intermediate futures finished down $3.25,