Oil markets are experiencing downward pressure as traders assess the Federal Reserve’s slower easing path and geopolitical tensions. Brent crude is set for a weekly loss, trading near $72 per barrel. The market is reacting to the Fed’s revised rate cut expectations and Trump’s demand for increased EU purchases of US oil and gas. Additionally, concerns over Chinese demand, rising production, and potential sanctions on Iran and Russia are contributing to oil’s rangebound trading since mid-October.

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Ray Dalio Says Gold Is Still “The Safest Money”
Ray Dalio warns the world may be drifting toward a “capital war,” where currencies and capital become geopolitical weapons. In that environment, Dalio argues gold still stands apart. Here’s why Ray Dalio says gold remains the safest form of money.




