Oil prices tumbled early on Tuesday morning, with geopolitical risk failing to translate into a significant supply disruption ...
By Erwin Seba HOUSTON (Reuters) -Brent crude futures, the international oil benchmark, fell $4 a barrel on Tuesday as fears of supply interruptions from the conflict between Israel and Iran and a ...
WTI crude fell to its 52-week low of $64.78 per barrel on Sep. 10, 2024. It reached its 52-week high of $91.09 on Oct. 20, ...
By Erwin Seba HOUSTON (Reuters) -Brent crude futures, the international oil benchmark, fell $4 a barrel on Tuesday as fears ...
The crude oil markets that I follow both look supported at this moment, as the markets are focused on multiple things at once, but they also look a little bit overdone at the moment.
-- December Brent crude BRN00 BRNZ24, the global benchmark, dropped by $2.85, or 3.5%, to $78.08 a barrel on ICE Futures Europe, a day after settling at $80.93, the highest since late August. -- ...
U.S. stocks are clawing back some of their losses from the day before as falling oil prices release some of the pressure that ...
A rally in oil prices was taking a pause on Tuesday morning as traders awaited Israel’s response to Iran’s actions last week. West Texas Intermediate crude for November delivery fell $1.63, or 2.1%, ...
Gasoline prices in the U.S. are ultimately linked to the global Brent price of oil which is now caught in a tightening ...
Oil prices eased as traders await new developments in the Middle East and ANZ noted a diminishing in the impact of geopolitical events on oil supply.
An escalating conflict in the Middle East has thrust the world’s most important oil artery back into the global spotlight.
Iran produces more than three million barrels of oil a day. Interrupting supply would send prices higher while cutting off ...