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Oil markets have remained remarkably resilient so far this year, despite concerns over U.S. President Donald Trump's trade ...
Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open the floodgates of global crude supply.
Oil prices, meanwhile, moved higher today despite OPEC+’s latest announcement on production as traders focused on geopolitics and, more specifically, on the latest escalation between Russia and ...
Most of the chatter on broad oil market moves has been looking to geopolitics as reasons for movement. But when it turns to fundamentals, it is the diesel market that has been the most important ...
Oil prices were likely to be less affected by geopolitical tensions going forward, HSBC said, adding that it expected any future flare-ups in the Middle East region to have diminishing impacts on oil ...
June NYMEX WTI Futures moved above the 8- and 13-day Moving Averages but fell short of the 20-day MA. With the 13-day MA crossing over the shorter-term 8-day, it tends to indicate lower prices ahead.
Oil prices jumped Friday after Israel launched a strike on Iranian nuclear and military sites and Tehran retaliated. U.S. benchmark WTI was up Friday, increasing to about $73 per barrel from around… ...
Oil prices surged late Sunday in Wall Street’s first reaction to America’s strikes on three Iranian nuclear facilities on Saturday evening, a major escalation of the Iran-Israel conflict. US ...
When oil prices plunged to four-year lows this year, many analysts immediately turned to the inflation narrative, dusting off the long-held belief that where oil prices go, inflation follows. But ...
Iran accounts for around 4-5% of global oil supply, and nearly 20% of global crude and LNG passes through the Strait of Hormuz, a narrow waterway that Iran could, in theory, block.