Read more
6:35 AM · 24 June 2025

🛢️Oil Prices Decline 2.5% Amid Ceasefire

-
-
Open account Download free app

Crude oil prices have fallen by over 2.5%, accompanied by notable declines in gold, a weakening of the US dollar, and a rebound in indices futures contracts across major global stock exchanges. This market reaction stems from the confirmed ceasefire agreement, which has been reiterated by both President Donald Trump and Israeli Prime Minister Netanyahu.

It is important to note that an initial agreement was reached overnight between Monday and Tuesday, only to be followed by a series of reciprocal rocket attacks. At 7:00 AM CET, Donald Trump indicated that the agreement was now in effect and cautioned both nations against any breach.

Previously, Iran had signaled its readiness for talks if Israel and the United States refrained from further attacks. Currently, Israel asserts that any violation of the ceasefire will result in renewed heavy bombardment. Israel has also emphasized that it would launch further strikes if it observes a resumption of uranium enrichment activities.

WTI crude oil is currently testing $65 per barrel, reaching its lowest point since June 11. Just yesterday, oil opened at $78 per barrel. At present, there appears to be no imminent threat of Iranian actions in the Strait of Hormuz, significantly reducing market risk.

 

 

6 February 2026, 6:59 PM

Daily Summary: Euphoria on Wall Street; SILVER rebounds 10% 📱

6 February 2026, 5:22 PM

Three markets to watch next week (09.02.2026)

6 February 2026, 3:24 PM

US100 gains after the UoM report🗽Nvidia surges 5%

6 February 2026, 2:51 PM

Geopolitical Briefing (06.02.2026): Is Iran Still a Risk Factor?

Join over 2 000 000 XTB Group Clients from around the world
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits