Oil

Oil falls 2% as OPEC cuts oil demand growth view, China concerns

Oil prices fell 2% as OPEC downgraded its global demand forecast and China's oil imports dropped for the fifth consecutive month. Concerns over Israeli-Iran tensions also weighed on markets, with Brent settling at $77.46 per barrel and WTI at $73.83 per barrel.

Türkiye Expands Global Oil and Gas Exploration Efforts

Oil climbs on prospects of wider Middle East war

Oil prices rose on Thursday amid concerns that escalating Middle East tensions could disrupt crude supplies, though strong global supply capped gains. Brent crude hit $75.31, with fears growing over potential Israeli strikes on Iran. Rising U.S. inventories suggest the market remains well supplied.