Crude oil prices have posted their biggest weekly drop since the pandemic, but analysts warn supply disruptions and inventory shortages could keep energy markets under pressure.

Global markets rallied as oil prices hit seven-week lows. Hopes for a peace deal between the US, Israel, and Iran eased inflation fears. Brent crude and WTI saw sharp declines. Diplomatic efforts continue,

The yield curve — basically, comparing the interest rates for short-, medium-, and long-term government bonds — can tell a lot about what investors expect to happen across each of those time frames. Oil futures work in a similar way.

As May’s final day of oil trading is underway, the price of crude is set for its biggest one-month decline in six years, delivering some relief to consumers.

FTSE 100 up 13 points at 10,505 Asian and US tech stocks drive new global markets to all-time highs Energy prices and govt bonds ease on Iran optimism UK energy price cap to rise 13% to two-year high 5.

What is oil price prediction for Monday? Oil prices ended lower on Friday as investors reacted to signs of progress in talks between the United States and Iran. Markets focused on the possibility of an extended ceasefire and the reopening of shipping routes through the Strait of Hormuz.

"We're approaching unheard of inventory levels."

U. S. stock futures pointed to a slightly weaker open on Thursday, with investors appearing cautious after the previous session ended with modest gains following uneven trading throughout the day.