Optimism about the Middle East situation pushes oil prices down
Oil prices continue to move down in response to the latest statements by United States President Donald Trump, encouraging optimism about the situation in the Middle East.
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Aleksandras Izgorodinas. Rising energy prices have increased inflation and interest rate expectations
Energy prices have risen sharply for the second week in a row. The price of Brent crude oil increased by 9.9% to $96.78 per barrel – over two weeks it has risen by about 27%, and…
Stock markets were hit by ‘a perfect storm’, oil prices eased slightly
On Friday, shares in Asia fell in response to a wave of sell-offs on Wall Street, as global markets were hit by a “perfect storm”: renewed war in the Middle East, oil prices sh…
Brent crude oil price exceeded the $95 per barrel mark
On Wednesday, oil prices jumped sharply, and the price of a barrel of Brent crude, considered an international benchmark, exceeded the $95 US dollar mark for the first time in almost six weeks, as…
Minister: diesel excise duty relief would be considered if oil price reached 100 US dollars
Due to the conflict in the Middle East, with oil prices rising sharply again, Finance Minister Taurimas Valys says that it is still too early to talk about a diesel excise duty relief, but it…
Technology sector lifts Asian stock indices, Brent crude oil price again exceeded 92 US dollars
Enthusiasm for technology sector stocks is driving Asian stock market indices up for the second consecutive day on Wednesday. Meanwhile, due to further unrest…
Vaidas Žagūnis. Renewed oil price shock once again tests Lithuanian business confidence
Lithuanian business confidence proved unusually resilient through two very different geopolitical shocks: in 2022 during the war in Ukraine, it decreased by 6,9 points, in 2026 during…
Fertilizer manufacturers’ stocks are recovering, oil has become slightly more expensive
After several days of a fixed sell-off, Asian stock exchanges are seeing a recovery on Tuesday, driven by shares of technology sector companies. Meanwhile, oil prices have slightly decreased…
Aleksandras Izgorodinas. Declining US inflation, oil price shock, and slowing Chinese growth
Last week, two opposing forces clashed in the world markets. US inflation in June decreased faster than expected – the annual price growth slowed to 3.5%, mostly…
Oil price surge reflected at gas stations: here is where it was felt the most
The average Brent crude oil price last week (July 6 – July 12) was 75.3 USD/bbl – 4.1% higher than the previous week, when it was 72.3 USD/bbl. This oil price is 10.9% higher than a year ago, when from July 7 to July 13, 2025, it averaged 67.9 USD/bbl. Analyzing the latest Brent crude…
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