Crude Oil Price Drops by 7% as US Halt Strikes

[Dunamisx]

To some of us who have been following up with the recent development and updates regarding the ongoing war between Iran, the US, and Israel, at least they have been a significant impact of the 2 days fire halt, this was the move by the United States of America halt strikes for now but we don't know if this was a temporary one has before or was only intended to re-strategize on possible attacks coming soon.

But what I want to buttress on this is about the market price of crude oil that drops as a result of this recent development, I don't know if many countries are to continue in paying the Ransom of these countries that are in war at the expense of nothing than continuous inflation and deflation in oil market price, Iran is not the only one suffering this alone but the entire world, inflation will easily affect the oil price while deflation will hardly be felt on global oil market price.

Is the oil price changing as well in our various countries, and are we going to feel the impact of this recent fall by a major drop in pump price, or is it just an imaginary expectation that may not come to reality?

[Natalim]

Here in the Philippines, we can really feel it whenever fuel prices increase. It does not affect only people who own cars because transportation costs also increase, and later we notice higher prices for food and other basic needs.

I hope the current ceasefire will continue and lead to real peace. But based on what I have observed, fuel prices rise quickly whenever there is conflict, while price reductions at the pump usually take more time. So even if crude oil becomes cheaper, I am not expecting a big rollback immediately.

[_act_]

Is the oil price changing as well in our various countries, and are we going to feel the impact of this recent fall by a major drop in pump price, or is it just an imaginary expectation that may not come to reality?

The problem is that when there is inflation, before it can be corrected may be long or it might not be corrected. When we thought the war was over, the price of crude oil fall to $70, but the price of petrol, diesel and other petroleum products that have increased and caused inflation in my country are not falling. When it wanted to fall but just a little and not to prewar time, Trump started the war again.

[Sanitough]

Is the oil price changing as well in our various countries, and are we going to feel the impact of this recent fall by a major drop in pump price, or is it just an imaginary expectation that may not come to reality?

The problem is that when there is inflation, before it can be corrected may be long or it might not be corrected. When we thought the war was over, the price of crude oil fall to $70, but the price of petrol, diesel and other petroleum products that have increased and caused inflation in my country are not falling. When it wanted to fall but just a little and not to prewar time, Trump started the war again.

For now, I don’t think we can be fully confident that the drop in oil prices will last, or that this pause in the war will become permanent. They already had peace talks before, but one side broke the agreement and the conflict started again. So at this point, all we can really do is hope it does not escalate into something worse.

Other countries are affected too, including mine, because part of our oil supply passes through routes that can be blocked or disrupted by the conflict. Once that happens, prices can increase quickly. And when the government has weak control, or when corruption is involved, large companies can take advantage of the situation and consumers end up suffering through higher inflation. That is the frustrating part. These countries may be focused on their own interests, but the effects are global. Ordinary people who have nothing to do with the war still pay more for fuel, food, transportation, and other basic needs.

So honestly, what else can we say? Stop the war and spread love.

[Oluwa-btc]

Now will halting the strikes bring an end to the consequences we're already facing?! No!

Donald Trump I thought as he claimed to be was all smart and intelligent but he is far from it and even if he is not smart, how about the people around him? I ponder if they do not give him advice on this but I get, he has a whole lot of yes man and yes sir subordinates around him.

With no sign of the Strait of Hormuz opening, the red sea also shut by the people of Yemen and Russian refineries facing shortage from Ukraine attacks, we will all find ourselves, life's and economy in a detrimental situation. Well, maybe for those who are not preparing for a global crash already, but it will be less on those who are already preparing

It's disappointing and catastrophic times ahead since every part of our lives and economy is related to energy and oil. I wonder if the great economists and analysts do not show this downsides to Donald Trump. The  total energy and oil predicted to he used by the globe have been drastically cut short with the Red Sea, Strait of Hormuz and Russian Refineries. Are you all bracing for whats coming?!

[Verdenhorst]

https://talkimg.com/images/2026/07/27/Uh8gFD.jpg

To some of us who have been following up with the recent development and updates regarding the ongoing war between Iran, the US, and Israel, at least they have been a significant impact of the 2 days fire halt, this was the move by the United States of America halt strikes for now but we don't know if this was a temporary one has before or was only intended to re-strategize on possible attacks coming soon.

But what I want to buttress on this is about the market price of crude oil that drops as a result of this recent development, I don't know if many countries are to continue in paying the Ransom of these countries that are in war at the expense of nothing than continuous inflation and deflation in oil market price, Iran is not the only one suffering this alone but the entire world, inflation will easily affect the oil price while deflation will hardly be felt on global oil market price.

Is the oil price changing as well in our various countries, and are we going to feel the impact of this recent fall by a major drop in pump price, or is it just an imaginary expectation that may not come to reality?

‎A drop in crude oil doesn't automatically mean cheaper fuel at the pump. Other costs  are involved like refining, transportation, and currency exchange rates. The deal is if the decline in crude oil prices is sustained long enough to move its way through the supply chain.
‎
‎Though it's interesting how one geopolitical event can move currencies, and even crypto. When uncertainty rises, markets react across the board.
‎
‎If the ceasefire holds, oil could remain under pressure. But if tensions flare up again, prices could go back just quickly. It's probably too early to expect a major drop in pump prices.

[Mhizlove]

Even though crude oil prices drop in the international market, that doesn't mean that the pump prices in every country will follow the same direction immediately. Other things like transportation costs, taxes, exchange rates and even government policies can affect the final price that consumers will pay. Okay, you see, for a country like Nigeria, the exchange rate alone can reduce the benefit of lower global oil prices. So while people hope for cheaper fuel, the real impact will depend on how different factors come together and how long the prices of oil remain lower.

[Stepstowealth]

Even though crude oil prices drop in the international market, that doesn't mean that pump prices in every country will follow the same direction immediately.

Pump prices do not immediately follow the same direction especially when there's a drop in the price of oil on the international market and I think it is majorly because of corruption that has affected government officials because they benefit from high oil prices and because of that will not be as quick as lowering the prices when there's a drop in general value of oil on the international market so that citizens can easily afford it as they would when they are trying to increase the price which can happen overnight in whatever percentage. Due to the fluctuating oil prices it will be difficult to set a specific budget for oil purchase for your vehicles and other petrol or diesel powered machines. You have to be able to handle the economic challenge that comes with adjusting your budget regularly for petrol/diesel purchase.

[Satofan44]

There isn't really a need for anyone to create a new thread for each individual update of this kind, I have seen other users do it with other news -- for example shitposters like certain users who post individual threads for news pieces in order to gain false credibility for "contributing". Don't do this, instead it would be better to keep this contained in a single thread, whether on crude oil matters or this conflict -- depending on what interests you more. Why primary reasons is that we have seen several ceasefires, announced, then repeatedly violated. We have seen this cycle many times over many months which had led to jumps and drops in the prices. Whether this is going to last or it will resume this time, nobody knows in advanced -- they are speculating. That said, here are some answers nevertheless.

The crude oil market is one of the most globalized and massive markets, which reacts very quickly to any kind of expectations. The price changes rapidly to news that are very relevant to this industry, it actually behaves much more similar to the Bitcoin market than many other market does. Therefore, when there is an announcement of a ceasefire for example this lowers the risk of supply disruptions so the crude prices start to fall almost instantly. However, you can't derive any information or certainty whether this decline will last based on the market movement -- that would be incorrectly reversing the causality.. Because the events that are happening down there are quite dynamic, we can't be certain that the consumers will see lower prices at all. Usually there is some delay in the adjustment in consumer prices as should be, but it is not the case in countries that have terrible laws and which allow the sellers to milk the consumers out of every penny. When prices go up the adjust them ASAP even though their existing supplies were bought at a much lower prices, and when the prices go down they try to delay as much as possible.    

[_act_]

There isn't really a need for anyone to create a new thread for each individual update of this kind, I have seen other users do it with other news -- for example shitposters like certain users who posts individual threads for news pieces in order to gain false credibility for "contributing".

Hope your brain is not removed from your skull that is affecting your cognitive activities? I mostly create topics that are related to scam, hack and exploits which I think can help some users on this forum, most especially the newbies. But I only see you not useful than looking for people's trouble you moron.

If a topic is not worth it, click on the report to moderator and report it.

[free-bit.co.in]

Market reaction to war or ceasefire give importance to future expectation rather than actual situation.

Therefore crude oil price have fallen rapidly after the news of slight decrease in US-Iran tension came out. Because traders have reduced their fear of supply disruption.

But just few days of oil price drop will not immediately reduce fuel price of common people. So it is sure we are not gonna see cheaper fuel at pump immediately . In addition to crude oil, taxes, refining cost, transportation, currency exchange rate and local government policy play big role in the pump price. So it is true that oil price have decreased in global market. But I do not think that people in all countries will get that benefit.

Another thing is that situation in Middle East is still fragile. If this conflict increase again or there is problem with important shipping route like Strait of Hormuz then oil prices will increase rapidly again, there is no doubt about it.

[Fortify]

To some of us who have been following up with the recent development and updates regarding the ongoing war between Iran, the US, and Israel, at least they have been a significant impact of the 2 days fire halt, this was the move by the United States of America halt strikes for now but we don't know if this was a temporary one has before or was only intended to re-strategize on possible attacks coming soon.

But what I want to buttress on this is about the market price of crude oil that drops as a result of this recent development, I don't know if many countries are to continue in paying the Ransom of these countries that are in war at the expense of nothing than continuous inflation and deflation in oil market price, Iran is not the only one suffering this alone but the entire world, inflation will easily affect the oil price while deflation will hardly be felt on global oil market price.

Is the oil price changing as well in our various countries, and are we going to feel the impact of this recent fall by a major drop in pump price, or is it just an imaginary expectation that may not come to reality?

It's almost as if some person, or their family and friends, stands to make a lot of money from knowing when peace will be made in the pointless war with Iran. I don't actually think the world has ever seen such unpresidented corruption like we're seeing happen with Trump right now. Not only is he wasting hundreds of billions of dollars in weaponry, vastly depleting essential supplies as the world is in a volatile state, but he's also likely profiting heavily by tipping off his connections. We've already seen he has enriched himself by encouraging bribes, creating cryptoscams that cost the buyers dearly and his son in law is involved with polymarket which has been found engaged in fraudulent activities. Yet he is going to continue to milk it for another two years, making American's even poorer in the process, because the Republican party is so weak under his cult of "personality". It's so difficult to point to anything substantive and productive achieved in his rein of incompetence so far, except dividing people even further.

[Accardo]

Oil prices surged by $100 per barrel just about 3 days ago, resulting from the Houthi rebels' attack on numerous US military bases, targeting fuel tanks and oil Silos. The strike raised fears and disrupted shipping in the Bab el-Mandeb Strait, where over 7% of global supply passes. A 2 day ceasefire is enough to relieve the threat in this location and drop oil price. Though unnoticed in local markets, an extended ceasefire will help facilitate global oil supply, and further reduce oil prices.

[Dunamisx]

‎A drop in crude oil doesn't automatically mean cheaper fuel at the pump. Other costs  are involved like refining, transportation, and currency exchange rates. The deal is if the decline in crude oil prices is sustained long enough to move its way through the supply chain.
‎

But how is it that we keep on having an instant increase on fuel price whenever there is inflation or any incidents of breaking news, the effect is instantaneous, well to deflate the price is very difficult or take longer time and procedures, after which it does not even reflect the initial price rate, what is corrupt system under centralization, very soon many way begin to see why they should always adopt Bitcoin in cryptocurrency.

[Fiatless]

But how is it that we keep on having an instant increase on fuel price whenever there is inflation or any incidents of breaking news, the effect is instantaneous, well to deflate the price is very difficult or take longer time and procedures, after which it does not even reflect the initial price rate, what is corrupt system under centralization, very soon many way begin to see why they should always adopt Bitcoin in cryptocurrency.

Business owners will always take advantage of situations like this. Prices of crude oil products like gasoline, gas, and others are increased immediately when the crude oil price goes up. But this doesn't happen when the price drops. They will give excuses that what they have is old stock,  so they need to finish selling them before adjusting the price to the current realities.

I understand that prices shouldn't change instantly since some of them bought at a high price and some petroleum products are already in transit before the increase or decrease in price.

This is the role of the government through regulatory agencies to ensure that business owners don't take advantage of the people. Petroleum marketers and retail distributors should be closely monitored to ensure that their prices reflect the current market conditions.

Trump has decided to bring untold hardship to the world. He is using the war in the Middle East and tariffs to destabilise the global economy. I do not expect this recent end of hostilities to be the final one. So I am readjusting my budget to account for future increases in petroleum product prices.

[Coyster]

Is the oil price changing as well in our various countries, and are we going to feel the impact of this recent fall by a major drop in pump price, or is it just an imaginary expectation that may not come to reality?

No. Hostilities between the U.S. and Iran could resume as early as tomorrow, we've seen ceasefires agreed and violated, same as a Memorandum of Understanding. So, at this point it is extremely difficult to see a lasting peace in sight.

The oil marketers would fail to adjust their prices because of what i've written above, we can only expect a significant drop in energy prices when there is lasting peace or at least the "promise" of one. Right now, the threat of a disruption in oil supply is very high and recurrent, so marketers would refrain from making changes they would quickly have to reverse. Though these marketers are greedy bastards, and are only very quick to adjust prices when it means more money for them.

[Opiate32]

Is the oil price changing as well in our various countries, and are we going to feel the impact of this recent fall by a major drop in pump price, or is it just an imaginary expectation that may not come to reality?

We will definitely know with time because it is normal that fuel prices usually  go up very fast whenever crude rises but when crude falls, retailers often say they still have old stock bought at high prices. So the reduction takes much longer time to reach the consumers.
If this drop in crude last for a long while, then lower lower pump price would make sense but if it’s just for a short period of time and tension starts again, I don’t expect much to change at pumps.

[Mahiyammahi]

In fact, even though the price of crude oil falls globally, I do not see the price of fuel oil at the consumer level in our country ever decreasing or decreasing. The current drop in the price of crude oil is not really noticeable at the consumer level.

And I don't think I've seen the last time that after the price of a product has increased in a volatile market, when it has become normal, its price has decreased in our country even though it has decreased in the world market. I don't remember anything like that.

It may be different for other countries, but for our country it is very insignificant. I hope the US-Iran war will end and there will be stability in the world market.

[Cryptomultiplier]

Is the oil price changing as well in our various countries, and are we going to feel the impact of this recent fall by a major drop in pump price, or is it just an imaginary expectation that may not come to reality?

No. Hostilities between the U.S. and Iran could resume as early as tomorrow, we've seen ceasefires agreed and violated, same as a Memorandum of Understanding. So, at this point it is extremely difficult to see a lasting peace in sight.

The oil marketers would fail to adjust their prices because of what i've written above, we can only expect a significant drop in energy prices when there is lasting peace or at least the "promise" of one. Right now, the threat of a disruption in oil supply is very high and recurrent, so marketers would refrain from making changes they would quickly have to reverse. Though these marketers are greedy bastards, and are only very quick to adjust prices when it means more money for them.

Unless we see a sustained cease fire from the waring countries, that may lead to agreement on diplomatic terms that causes free movement through the trade routes, this drop in oil will be quite not a main headline news because I believe some countries and oil marketers have already bought oil a long while back before this current drop in price and that means the current price of oil in most countries will not be adjusted or affected until they go to buy more oil during this price drop and that's if the war resumes.

[Promocodeudo]

But how is it that we keep on having an instant increase on fuel price whenever there is inflation or any incidents of breaking news, the effect is instantaneous, well to deflate the price is very difficult or take longer time and procedures, after which it does not even reflect the initial price rate, what is corrupt system under centralization, very soon many way begin to see why they should always adopt Bitcoin in cryptocurrency.

It is unfortunate that those in the business of oil and gas will never stop to extort the people, I will always mention my country when issues like this, is been discussed, when the war between IRAN and US intensified then, the price of fuel skyrocketed immediately in my country as if the marketers were waiting for such to happen, that was what also happened when our president removed subsidy in petroleum  products I can never forget, the price of fuel then doubled overnight before the next day, that is what has been going on, we know that most of them has enough of this product before the strike break, but they can never drop the price, but don't we think that these guys are just after their business hence they know that the government does not care especially in my country, the fix the price they want to sell by themselves even though the government gives them order to sell at a reduced price they might agree but the meter can never be okay,  as for the adoption of Bitcoin, it has geared up already.