Oil - Overview as of 10.06.2025

Financial and commodity markets analytics


Oil quotations continue to rise moderately. Investors are assessing the potential impact of trade negotiations between the US and China on fuel demand. Positive signals from London contribute to the improvement of forecasts on the global economy and, accordingly, on the demand for raw materials. Additional support for prices was provided by data on the labor market in the US, as well as concerns about supply disruptions from Canada. Meanwhile, Iran is preparing a response to the US nuclear deal proposal, which may affect oil exports of OPEC's third-largest producer. Market participants are also watching the actions of OPEC+, where a possible increase in production in the second half of the year is being discussed.