logo
LoginCreate account
Learn / Market News / Oil prices slide as Iran risk premium eases – OCBC

Oil prices slide as Iran risk premium eases – OCBC

Oil prices fell sharply after reaching a two-month peak, as easing geopolitical tensions and comments from President Trump reduced fears of imminent disruption to Iranian supply, prompting a market pullback, OCBC's FX analysts Sim Moh Siong and Christopher Wong note.

OPEC pause and Venezuela uncertainty keep Brent soft

"Oil prices fell sharply after touching a two‑month high, as easing geopolitical tensions reduced fears of an imminent Iran‑related escalation. Headlines suggest President Trump is stepping back from a potential US strike on Iran, lowering the risk of disruptions to Iranian supply or key shipping lanes."

"We maintain our forecast for Brent outlook to remain subdued but bottom near USD59/bbl by yearend, pending clarity on Venezuela’s new government and resource policy. OPEC’s pause in quota hikes supports soft floor for Brent in highUSD50s."

ATC logo

There is a high level of risk in Margined Transaction products, as Contract for Difference (CFDs) are complex instruments and come with a high risk of losing money rapidly due to the leverage. Trading CFDs may not be suitable for all traders as it could result in the loss of the total deposit or incur a negative balance; only use risk capital.

ATC Brokers Limited (United Kingdom) is authorised and regulated by the Financial Conduct Authority (FRN 591361).

ATC Brokers Limited (Cayman Islands) is authorised and regulated by the Cayman Islands Monetary Authority (FRN 1448274).

Prior to trading any CFD products, review all the terms and conditions and you should seek advice from an independent and suitably licensed financial advisor and ensure that you have the risk appetite, relevant experience and knowledge before you decide to trade. Under no circumstances shall ATC Brokers Limited have any liability to any person or entity for any loss or damage in whole or part cause by, resulting from, or relating to any transactions related to CFDs.

Information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

United States applicants will need to qualify as an Eligible Contract Participant as defined in the Commodity Exchange Act §1a(18), by the Commodity Futures Trading Commission for the application to be considered.

© 2026 ATC Brokers. All rights reserved