Oil prices moved steadily on Tuesday morning (November 25th). WTI held near US$58 per barrel and Brent above US$62 per barrel, supported by risk-on sentiment in global markets and hopes for further interest rate cuts by the Fed. The mood was also helped by the latest communication between US President Donald Trump and Chinese President Xi Jinping following the tariff truce.
Meanwhile, the market continues to monitor developments in the Ukraine peace talks. If an agreement is reached and sanctions against Russia are eased, Moscow's oil exports could increase to a market already vulnerable to oversupply. Currently, WTI for January delivery is around US$58.91 per barrel, and Brent for January closed up 1.3% at US$63.37 per barrel.
The price of silver at the time of this analysis was released was $62.71.
Disclaimer:
This article is analytical in nature and does not constitute a definitive reference. Please consider fundamental and technical developments in trading before making any investment decisions.
Source: Newsmaker.id
Gold prices (December 24th) in the European session were stable at $4,491 ahead of Christmas Day tomorrow, with the market closing early tonight. Gold prices surged past $4,500 per ounce for the first...
Silver prices reached $72.63 per ounce on December 24, 2025, setting a new record driven by strong global demand and rising geopolitical tensions. This increase in silver prices was driven by factors ...
Brent oil prices rose today, reaching $61.58 per barrel, driven by several fundamental factors influencing the market. One of these is rising geopolitical tensions, particularly related to the threat ...
Gold Prices Soar Gold prices hit a record high on Tuesday, surpassing $4,480 an ounce for the first time, after posting a 2.4% gain in the previous session, their biggest surge in more than a month. T...
The price of silver (XAG/USD) continues to demonstrate strong bullish control and remains within a high range, even breaking a new record high above $69.00. This increase is supported by strong buying...
The White House has ordered U.S. military forces to focus almost entirely on enforcing a Venezuelan oil "quarantine" for at least the next two months, a U.S. official told Reuters, indicating that Washington is currently more interested in using...
Gold (XAU/USD) started the year on a bullish note and registered impressive gains in the first quarter. Following a consolidation phase during the summer months, the precious metal surged higher in the third quarter and reached an all-time record...
The window dressing phenomenon is expected to again influence financial market movements throughout 2025, especially as each quarter approaches its close. This strategy is generally employed by investment managers to enhance portfolio performance...
The US economy expanded in the third quarter at the fastest pace in two years, bolstered by resilient consumer and business spending and calmer...
Bank of Japan (BOJ) Governor Kazuo Ueda stated that achieving 2% inflation is getting closer, although real inflation remains low. Ueda emphasized...
US President Donald Trump said on Monday that the United States may store and possibly sell oil seized off the coast of Venezuela in recent weeks,...
US President Donald Trump used a series of social media posts to outline his views on inflation, interest rates, and Federal Reserve (FED)...