Welcome to the FIA News & Insights, a one-stop resource that includes insights from senior investment professionals on timely market events, their views on the economy and their respective markets. Find updates on the latest media information on Frost Investment Advisors, LLC and the most recent reprints, as well as, archival information for your reference.
Oil prices have spent much of the past year floating between $65 and $70 a barrel. Early July 18, the international benchmark oil price was hovering around $70.
Broadly speaking, oil prices have been on a downward trend over the past 52 weeks, although this general trajectory has been marked by bouts of notable volatility fueled by concerns about the global economy, OPEC and its allies, and tensions surrounding hostilities between Israel and Iran.
"With OPEC unwinding voluntary cuts faster than expected, the market will need to find a way to absorb these barrels despite the slowed global growth," says Chris Cook, senior equity trader and research analyst at Frost Investment Advisors.
Excerpted from U.S. News & World Report on July 18, 2025. To read the full article, click here
Get the latest posts straight to your inbox