Lates News

date
02/05/2025
Oil prices rebounded on Thursday, supported by strong earnings reports from Meta and Microsoft, which boosted the U.S. stock market and offset concerns about the U.S. economy and OPEC+ production prospects. PVM oil brokerage analyst Tamas Varga said, "The rebound in oil prices can be attributed to the rise in the stock market due to the earnings reports from Microsoft and Meta, and may also be due to the delay in the next round of U.S.-Iran nuclear talks." Oman announced on Thursday that the next round of U.S.-Iran nuclear talks, originally scheduled for Saturday, May 3, will be postponed due to logistical reasons.