Tag: crude oil price
Oil rises on Saudi Arabia’s decision to hike prices, brent crude at $83.39/bbl
Oil futures saw an increase on Monday following Saudi Arabia’s decision to raise June crude prices for most regions. Additionally, concerns grew over the possibility [Read more about this post…]
Oil prices decline amid Israel-Hamas peace talks, Fed rate cut expectations
Oil prices dropped by over $1 per barrel on Monday due to ceasefire talks between Israel and Hamas in Cairo, which alleviated concerns about a [Read more about this post…]
Crude oil prices jump 4% on reports of Israel strikes on Iran; Brent crude above $90 a barrel
Crude oil prices jumped over 4% as conflict in the Middle East intensified, with Brent rallying above $90 a barrel in a sudden move higher. [Read more about this post…]
Russia’s crude oil exports at 11-month high in April, crosses OPEC target to support prices
The less volatile four-week average also rose sharply, climbing to the highest since early June. Weekly shipments were well above a target for this month [Read more about this post…]
Oil prices decline as risk premium eases following Iran attack; brent crude at $89.64/bbl
Oil prices saw a downward drift on Monday, as the market seemed to minimize concerns about a wider regional conflict following Iran’s weekend attack on [Read more about this post…]
Week Ahead: Q4 Results, macro data, Israel-Iran conflict, global cues among key market triggers this week
Despite touching fresh lifetime high levels, domestic equity benchmarks settled flat last week as investors’ hope for a June rate cut were dashed by higher-than-expected [Read more about this post…]
Oil settles 1% higher on Middle East crisis yet posts weekly loss on bearish demand outlook; Brent at $90/bbl
Oil prices rose around one per cent in the previous session on geopolitical tensions in the Middle East but posted a weekly loss over a [Read more about this post…]
Morgan Stanley hikes Q3 outlook to $94 on geopolitical tensions as Brent hovers over $90/bbl
Morgan Stanley has raised its Brent crude oil price forecast for the third quarter of this year by $4 per barrel to $94, citing geopolitical [Read more about this post…]
Oil stabilises after surging over 4% last week; brent crude at $91.01/bbl
The global oil benchmark Brent stabilized above $91 per barrel on Monday, paring back initial declines triggered by Israel’s withdrawal of additional troops from Gaza [Read more about this post…]
World markets today: US stocks surge on robust jobs data; Krispy Kreme, Shockwave Medical among top gainers on NYSE
In March, U.S. employers exceeded expectations by hiring a significant number of workers while maintaining a steady pace of wage increases. These positive indicators suggest [Read more about this post…]
