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While Middle East tensions are driving near-term market volatility, this focus is likely to be temporary as attention soon ...
China is continuing to build up crude oil stockpiles as it refines substantially less than what it has available from imports and domestic production.
Global benchmark Brent crude oil is up around 20% so far in June, and set for its biggest monthly jump since 2020 as ...
Oil steadied after a modest advance with tensions in the Middle East and US inventories in focus. Brent crude traded near $67 ...
Oil prices are expected to remain capped below $70 per barrel for the rest of the year, despite ongoing geopolitical tensions ...
Despite the challenges posed by the global trade tensions and the Israel-Iran war in the first half of the year, Nigeria’s ...
This is an audio transcript of the Behind the Money podcast episode: ‘How oil traders called the Middle East war’ Saffeya Ahmed The FT’s energy editor Malcolm Moore tells me that there is an age-old ...
0008 GMT — Oil rises in early morning Asian trading amid Middle East tensions. Israel’s military said it was conducting strikes in Tehran area of Iran early Wednesday local time. The military ...
Tensions in the Middle East are leading to more expensive crude oil, while retailers are still charging higher fuel margins, ...
WTI crude oil (CLQ25) today is up +0.48 (+0.73%), and August RBOB gasoline (RBQ25) is down -0.63 (-0.30%). Crude oil and ...
Despite heightened tensions between Israel and Iran and resulting market speculation, oil supply from the Middle East remains largely unaffected, with the critical Strait of Hormuz staying open ...
Oil was higher in the early Asian session. “Traders are mindful of rising geopolitical tensions in the Middle East,” ANZ Research analysts said.