Oil rises on short-covering, Iran nuclear talks in focus

May 24, 2025

Oil prices increased on Friday. This happened as U.S. buyers adjusted positions before the Memorial Day weekend. Concerns about U.S.-Iran nuclear talks also played a role. Traders fear supply disruptions if talks fail. Donald Trump suggested tariffs on EU goods. OPEC+ may increase output in July. The market awaits the impact of tariffs on oil demand.

More To Explore

Oil price down more than 2% in early Asian trade

Oil prices fell more than two percent in early Asian trade after strong gains in recent days on the back of the conflict in the

March 6, 2026

Global Market Today | Asian stocks drop as war drags on, crude oil falls

Asian equities experienced their steepest weekly loss in six years as renewed Iranian strikes and the ongoing Middle East conflict drove a broad retreat in

March 6, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003