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Oil rally pauses
Crude oil prices today: WTI is trading at $74.69
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors related to U.S. and international supply and demand conditions. For example, the Brent/WTI spread hit nearly $14/bbl in April 2011 when protests sparked market fears of significant oil supply disruptions in the Middle East.
Traders Are Pushing Up Oil Prices Before Israel's Response to Iran
The threat of a wider Israel-Iran war has yet to disrupt the physical flow of oil from Iran or other Gulf states in any major way. Crude prices haven't seemed to notice. Benchmark U.S. futures continued their steep climb Monday,
Oil rally pauses as investors await Israeli response
A rally in oil prices took a break on Tuesday as the market waits for Israel's response to last week's Iranian rocket attacks that triggered a price surge on concerns of a broader conflict in the Middle East.
Middle East, Oil and Brent
Brent crude tops $80 a barrel on fears Middle East war will threaten supply
Global Brent prices topped $80 a barrel on Monday for the first time since August, as the risk of an Israeli response to last week’s Iranian missile strike intensified, raising the potential for disruptions to the Middle East region’s oil supplies.
Oil prices extend gains, lifting Brent crude towards $80 on fears of wider Middle East conflict
Oil prices extended gains on Monday, with Brent nearing $80 to build on last week's steepest weekly jump since early 2023, driven by fears of a wider Middle East conflict and potential disruption to exports from the major oil-producing region.
Middle East tensions: Oil prices at risk of further increases
The oil markets may continue to rally due to fears of major production disruptions in the Middle East if the conflicts evolve into a wider regional war. View on euronews
16h
WTI, Brent oil settle at highest since late August
Global Brent crude prices settled Monday above $80 a barrel for the first time since August, as the risk of an Israeli ...
Crude Oil Prices
4h
Oil Prices Drop as War Premium Fades
Oil prices retreated after initial gains as concerns about Chinese demand overshadowed ongoing tensions in the Middle East.
32m
Oil Prices Eye $100 A Barrel As War Risk Premium Returns
It’s a fact, 2024 will go down in history as one of the most profitable years ever for Commodity traders – And this could just be the beginning!
1d
Oil prices dip after strongest weekly rise in over one year
Oil prices pared gains in early trade on Monday after charting their biggest weekly rise in over a year on Friday amid ...
6d
Brent Crude - Oil Slides 2% In European Trade Before A Recovery, OPEC+ Meeting Next
Oil prices fell by 2.4% in early European trade, possibly due to demand concerns and rebalancing. Click to read.
20h
Brent Crude: Geopolitical Tensions Keep Prices on Edge as Libya Resumes Production
Oil prices are rising due to geopolitical tensions in the Middle East, particularly the potential for an Israeli attack on ...
55m
Crude Oil faces profit-taking after Israel’s response remains muted
The US Dollar Index eases for a second day in a row as the short squeeze in the DXY looks to end.
4d
October Russian Urals oil prices trade $5/bbl above price cap as Brent rallies, calculations show
Urals crude oil have risen back above $65 a barrel at Russian Baltic and Black Sea ports, or $5 higher than the price cap set ...
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