Ceasefire between Israel and Iran leads to decrease in oil prices, returning to pre-conflict levels.

From Barron’s: 2025-06-24 15:19:00

Oil futures continue to decline after the Israel-Iran cease-fire reduces risk premium in the market. Portfolio manager Brian Kessens from Tortoise Capital predicts no permanent change to supply due to the conflict. OPEC+ is expected to eliminate all voluntary output cuts by the end of the year, leading to a slight oversupply of 300,000 to 400,000 barrels per day.



Read more at Barron’s: Israel-Iran Ceasefire Sends Oil Back to Pre-Conflict Levels