US Stocks Retreat as Oil Surge Follows Middle East Escalation
US Indexes Pull Back from Record Highs US stocks declined on Monday, interrupting the recent run of record-setting gains. The S&P 500 slipped 0.4% and the Nasdaq fell 0.2%, both retreating from all-time highs reached in the previous session. The...
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Oil Prices Ease After Sharp Rally Amid Rising Gulf Tensions
As of 20:10 ET (00:10 GMT), Brent oil futures for July delivery slipped 0.5% to $113.93 per barrel, while West Texas Intermediate (WTI) crude futures fell 1.2% to $105.05 per barrel. The moves followed a sharp rally in the prior...
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Oil prices jump as reported Hormuz strike and regional tensions roil supply outlook
Oil market reacts to conflicting reports and geopolitical risks Brent oil futures for July climbed 3.3% to $111.79 a barrel by 06:47 ET (10:47 GMT), while West Texas Intermediate crude futures rose 2.9% to $104.87 a barrel. Brent crude briefly...
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Oil prices rise as Hormuz closure persists and U.S. launches ‘Project Freedom’
Oil prices gain on supply risk July futures for international benchmark Brent crude were up 2.27% at $110.63 per barrel as of 4:24 a.m. ET on Monday. U.S. West Texas Intermediate (WTI) futures for June rose 1.98% to $103.96 per...
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Oil Prices Edge Higher as Iran Tensions and U.S. War Powers Deadline Converge
Oil Market Moves After Volatile Brent Expiry On Thursday, the June Brent crude contract, which expired that day, climbed to $126.41 a barrel, marking a four-year high, before settling sharply lower at $114.01. On Friday, as of 10:15 p.m. ET,...
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