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Trending News: US-based Fintech Firm Purpleplum Eyes Global Expansion and Capital RaiseHow To Build a Recession-Proof Portfolio In 2025?Forex vs Crypto for Beginners: Which One Is Less Risky in 2025?Exclusive: IG Group to Exit South AfricaAre Gold and Crypto Both Bubbles in 2025?Moomoo Moves Beyond Stocks with US Crypto Launch Backed by CoinbaseKicker Candlestick Pattern: Learn How To Trade ItUK Fintech Hiring to Rise 32% on Compliance And Cyber Demands Despite Market ChaosTradu’s European Retail Traders Get Secure Authentication via Salt Edge PartnershipTradu Adopts Salt Edge Solutions to Support Payment Compliance for European TradersJapan Loses World’s Largest Creditor Status After Decades At Top. 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Forecast as of 26.05.2025Alibaba (BABA) Stock Forecast & Predictions for 2025, 2026–2030 and BeyondcTrader Expands Prop Trading Reach Through Voyage Markets PartnershipShort-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 26.05.2025“Decreasing Regulatory Burden is a Focus” in Market Overhaul, Says FCA’s Holland“Decreasing Regulatory Burden is a Focus” in Market Overhaul, Says FCA’s HollandShort-Term Analysis for Oil, Gold, and EURUSD for 26.05.2025US Dollar Lower as Trump Delays 50% Tariffs on EU. Forecast as of 26.05.2025The Secret Behind LCG UK’s 2024 Profitability: 80% Expense CutNew MiFID II Reporting Proposal: CFDs Brokers Need to Tag Retail and Professional ClientsHow to Use the Fear-Greed Index for Gold and Forex Trading?Is the Swiss Franc Losing Its Safe Haven Status in 2025?Social Media Influence on Stock Market ExplainedWeek in Review: Crypto.com Enters CFDs, iFOREX Plans Late-June IPOWeek in Review: iForex to Go Pubic in Late June, Prop firm FundedNext Enters Brokerage SpaceGermany Recession Impact on Euro: What Traders Should KnowCan 5-Minute Investing Make You Money in 2025?Gold Supply Constraints: Will Climate Risks Push Prices Higher?How to Invest in Copper — 6 Types of Copper InvestmentsXAU/USD: Elliott Wave Analysis and Forecast for 23.05.25 – 30.05.25WTI Crude Oil: Elliott Wave Analysis and Forecast for 23.05.25 – 30.05.25USD/JPY: Elliott Wave Analysis and Forecast for 23.05.25 – 30.05.25GBP/USD: Elliott Wave Analysis and Forecast for 23.05.25 – 30.05.25EUR/USD: Elliott Wave Analysis and Forecast for 23.05.25 – 30.05.25USD/CHF: Elliott Wave Analysis and Forecast for 23.05.25 – 30.05.25Pound Hits 3-Year High on Trade Optimism. Forecast as of 23.05.2025USD/СAD: Elliott Wave Analysis and Forecast for 23.05.25 – 30.05.25Offering Liquidity, Not Illusions: The Tough Road to B2B for BrokersBuilding Liquidity, Not Illusions: The Tough Road to B2B for BrokersShort-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 23.05.2025Short-Term Analysis for Oil, Gold, and EURUSD for 23.05.2025US Dollar Extends Losing Streak After ‘Big Beautiful Bill’. Forecast as of 23.05.2025CFTC Urges Tighter Market Safeguards to Prevent Trading Chaos amid VolatilityThe Looming Dollar Shortage in Asia’s Spot Markets: Implications for Stablecoin Stability and Global FinanceWhat Is the API Economy of Investing and How Does It Work?What is the Gamma Squeeze in Silver?Oil Priced in Dollars Ending Soon?FCA’s New Complaints Reporting Likely to Affect CFD and Retail Trading FirmsGold Leaves Other Safe Havens Behind. 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Forecast as of 21.05.2025ASIC-Licensed CFD Broker Adds Takeprofit Tech’s Dynamic Risk Controls to MetaTrader 4 PlatformDonchian Channel Indicator – Trading StrategiesShort-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 21.05.2025Short-Term Analysis for Oil, Gold, and EURUSD for 21.05.2025Expert Used “Psychological Bullying” to Take $940K from Forex Investors. Now He’s Going to PrisoneToro Sees Biggest Post-IPO Jump as Firm Registers Employee Share Plan with SECeToro See Biggest Post-IPO Jump as Firm Registers Employee Share Plan with SECLagarde Says Stronger Euro Creates Opportunity for Europe. Forecast as of 21.05.2025FXCubic Announces the 4th Annual Mini-Football TournamentWeekly Economic Calendar for 26.05.2025–01.06.2025Chinese Yuan Nearing Collapse-What It Means for Asia’s Future?Prop Firm The Funded Trader Announces Approval to Offer cTrader to US ClientsHawkish and Dovish Monetary Policy Explained for Forex TradersExclusive: B2BROKER Launches First-Ever Institutional Liquidity Provider Turnkey SolutionDubai Brokerage Firm Vanishes With Millions in Investor Funds: Report82% of FX Brokers Anticipate Higher Volumes, 51% Highlight AI as Key Driver
Tue. May 27th, 2025 7:42:24 PM

Oil falls 2% on Israel-Lebanon ceasefire report

By Arunima Kumar and Enes Tunagur

(Reuters) -Oil prices fell around 2% on Monday after Axios reported that Israel and Lebanon had agreed to the terms of a deal to end the Israel-Hezbollah conflict, citing an unnamed senior U.S. official.

Brent crude futures were down 2.08%, or $1.56, at $73.61 a barrel by 1423 GMT, while U.S. West Texas Intermediate crude futures were down 2.33%, or $1.66, at $69.58 a barrel.

Israel said on Monday that it is moving towards a ceasefire in the war with Hezbollah but there are still issues to address, while Lebanese officials voiced guarded optimism but said Israeli Prime Minister Benjamin Netanyahu was not to be trusted.

This post is originally published on INVESTING.

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