{"id":3658,"date":"2025-08-21T16:21:00","date_gmt":"2025-08-21T12:21:00","guid":{"rendered":"https:\/\/omanet.om\/en\/news\/economy\/oil-demand-rise-russia-ukraine-uncertainty\/"},"modified":"2025-08-22T02:09:29","modified_gmt":"2025-08-21T22:09:29","slug":"oil-demand-rise-russia-ukraine-uncertainty","status":"publish","type":"post","link":"https:\/\/omanet.om\/en\/news\/economy\/oil-demand-rise-russia-ukraine-uncertainty\/","title":{"rendered":"Oil Prices Rise 1% Amid Strong Demand Signals and Russia-Ukraine Peace Uncertainty: What This Means for Investors and Businesses"},"content":{"rendered":"<style>\r\n@keyframes hitv3sog-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitv3sog-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OMAN OFFER<\/span><\/div>\r\n    <div class=\"hitv3sogh\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.15s;\">Websites For <span style=\"color:#dc2626;\">Omani Businesses.<\/span><\/div>\r\n    <div class=\"hitv3sogs\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.3s;\">Empower your brand with custom digital solutions designed for high conversion and market dominance.<\/div>\r\n    <div class=\"hitv3sogbl\"><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Responsive designs built for growth<\/span><\/div><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Fast loading with smart automation<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitv3sogct\">\r\n    <button class=\"hitv3sogbtn\" style=\"animation:hitv3sog-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Build Your Free Website <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitv3sogbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div>\n<p>LONDON \u2013 Oil prices rose by 1% on Thursday, supported by strong demand indicators in the United States and ongoing uncertainty surrounding efforts to end the conflict in Ukraine.<\/p>\n<p>Brent crude futures approached a two-week high, increasing by 64 cents, or about 1%, to reach $67.48 per barrel at 10:12 GMT. Meanwhile, US West Texas Intermediate (WTI) crude futures rose by 65 cents, also around 1%, settling at $63.36 per barrel.<\/p>\n<p>On Wednesday, Russia declared that attempts to address security concerns related to Ukraine without Moscow\u2019s involvement are a &#8220;road to nowhere.&#8221;<\/p>\n<p>Independent analyst Gaurav Sharma noted, \u201cIf the White House\u2019s efforts succeed in halting hostilities in Ukraine and Russia gradually rejoins the international community, it will put downward pressure on crude prices. For now, however, Brent\u2019s support level remains at $65 per barrel.\u201d<\/p>\n<p>In related developments, US President Donald Trump announced an additional 25% tariff on Indian goods starting August 27, in response to India\u2019s significant purchases of Russian crude\u2014which constitute nearly 35% of India\u2019s total oil imports. Russian embassy officials in New Delhi reaffirmed on Wednesday that Moscow expects to continue supplying oil to India despite US warnings.<\/p>\n<p>Due to ongoing uncertainty about progress toward resolving the Ukraine conflict and the potential for tighter sanctions on Russia, bullish sentiment has returned among traders, according to Tamas Varga, an analyst at PVM Oil Associates.<\/p>\n<p>Additionally, US crude inventories declined by 6 million barrels last week, falling to 420.7 million barrels as reported by the US Energy Information Administration on Wednesday. This decline exceeded expectations of a 1.8 million-barrel draw reported in a Reuters poll. While the significant inventory drop suggests rising demand, Panmure Liberum\u2019s Ashley Kelty pointed out that increased crude stockpiles at Cushing, Oklahoma, indicate that underlying demand may be weaker, with the larger drawdown driven partially by higher refinery activity and increased exports.<\/p>\n<p>\u2014 Reuters<\/p>\n<p><style>\r\n@keyframes hitl8gak-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitl8gak-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitl8gak-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes hitl8gak-badge{from{opacity:0;transform:scale(0.8)}to{opacity:1;transform:scale(1)}}\r\n<\/style><style>\r\n.hitl8gakw{container-type:inline-size;width:100%;max-width:970px;margin:0 auto;box-sizing:border-box}\r\n.hitl8gaka{display:flex;flex-direction:row;align-items:center;justify-content:space-between;width:100%;box-sizing:border-box;text-decoration:none;color:#fff;font-family:-apple-system,BlinkMacSystemFont,'Segoe UI',Roboto,system-ui,sans-serif;position:relative;overflow:hidden;cursor:pointer;background:linear-gradient(135deg,#111118 0%,#080808 100%);border:1.5px solid rgba(255,255,255,0.08);border-radius:14px;gap:20px;padding:20px 40px;transition:border-color .2s}\r\n.hitl8gaka:hover{border-color:#dc262688}\r\n.hitl8gakg1{position:absolute;inset:0;background:radial-gradient(ellipse at 50% 0%,rgba(220,38,38,0.35),transparent 65%);pointer-events:none;z-index:0}\r\n.hitl8gakg2{position:absolute;bottom:0;left:0;right:0;height:45%;background:radial-gradient(ellipse at 50% 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitl8gak-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OFFER<\/span><\/div>\r\n    <div class=\"hitl8gakh\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.15s;\">Your Website <span style=\"color:#dc2626;\">Should Sell.<\/span><\/div>\r\n    <div class=\"hitl8gaks\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.3s;\">Custom-built websites with smart automation & AI-powered features.<\/div>\r\n    <div class=\"hitl8gakbl\"><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>SEO-optimized & lightning fast<\/span><\/div><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Smart features built for your business<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitl8gakct\">\r\n    <button class=\"hitl8gakbtn\" style=\"animation:hitl8gak-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Get Free Consultation <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitl8gakbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div><br \/>\n<\/p>\n<p>Special Analysis by Omanet | Navigate Oman&#8217;s Market<\/p>\n<p>The recent rise in oil prices, driven by strong US demand and ongoing geopolitical tensions, <strong>signals a continued robust market for Oman&#8217;s energy sector<\/strong>, offering opportunities for increased revenue and investment. However, <strong>uncertainty around the Ukraine conflict and potential sanctions on Russia introduce volatility<\/strong>, necessitating cautious strategic planning. Smart investors and entrepreneurs should <strong>monitor global political developments closely<\/strong> and consider diversifying to hedge against potential disruptions in supply chains and price fluctuations.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices rose 1% on strong US demand and uncertainty over Ukraine war efforts. Brent crude hit $67.48, WTI $63.36. Russia warned talks excluding it are futile. US tariffs on Indian goods due to Russian oil imports add tension. US crude inventories fell by 6 million barrels.<\/p>\n","protected":false},"author":2,"featured_media":3659,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[482],"tags":[328,1306,1307],"class_list":["post-3658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-oil-prices","tag-ukraine-war","tag-us-demand"],"jetpack_featured_media_url":"https:\/\/omanet.om\/wp-content\/uploads\/2025\/08\/3105790.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/3658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/comments?post=3658"}],"version-history":[{"count":1,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/3658\/revisions"}],"predecessor-version":[{"id":3660,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/3658\/revisions\/3660"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media\/3659"}],"wp:attachment":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media?parent=3658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/categories?post=3658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/tags?post=3658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}