Key trends in the oil markets as of March 25, 2026: 1. **Price Dynamics**: - Brent is showing high volatility, trading around $96 per barrel, but is on track for a significant weekly decline. - WTI for June 2026 delivery fell by 10.23% to $81.84 per barrel. 2. **Geopolitical Drivers**: - Tensions in the Middle East are creating a risk premium. - Risks to the Strait of Hormuz remain a key factor of instability. - However, geopolitics cannot fully offset the price pressure from expectations of reduced demand. 3. **Regulatory Influence**: - The earlier OPEC+ decision to halt production increases in Q1 2026 supported prices at levels of $63 (Brent) and $59 (WTI). - This demonstrates the cartel's powerful influence on the market. **Analytical Conclusions**: - The market is in a correction phase following a geopolitical rally. - Geopolitical risks (Strait of Hormuz) remain a structural factor. - Expectations of reduced demand are putting pressure on prices. - OPEC+ decisions continue to be a key regulatory tool. This data is relevant for updating Leonardo analytics and preparing materials on energy markets.