Oil Prices Retreat as Iraq-Kurdistan Export Deal Adds Supply, Geopolitical Risks Persist
Oil Market Pullback on Iraq-Kurdistan Agreement Brent crude futures fell more than 2% in Asian trading to around $100.75 per barrel, while West Texas Intermediate (WTI) crude declined to about $91.85 per barrel. The move marked a pullback from recent...
Read more
Oil Prices Rebound Above $100 as Strait of Hormuz Remains Largely Blocked
Crude Prices Rebound on Persistent Supply Concerns Brent oil futures climbed 2.8% to $103.01 per barrel by 00:58 ET (04:58 GMT) on Tuesday, while West Texas Intermediate (WTI) crude futures gained 2.6% to $95.54 per barrel. The move followed a...
Read more
US Stock Futures Edge Higher as Oil Surges on Strait of Hormuz Closure
Markets React to Oil Shock and Geopolitical Tensions US stock futures gained in early trading, with Dow Jones futures up 0.37% and S&P 500 futures rising 0.55%. The moves followed a weaker close on Friday, when the S&P 500 fell...
Read more
European stocks edge higher as oil nears $100 amid Iran conflict
By 04:04 ET (08:04 GMT), the pan-European Stoxx 600 had edged up by 0.1%. Germany’s Dax and France’s CAC 40 also rose 0.1%, while the U.K.’s FTSE 100 gained 0.4%. The moves came as traders assessed the impact of oil...
Read more
Asian Stocks Slip as Elevated Oil Prices and Central Bank Meetings Weigh on Sentiment
Oil Shock and Middle East Conflict Pressure Markets Asian markets traded in a cautious mood on Monday as the war in the Middle East entered its third week, keeping oil prices elevated. West Texas Intermediate (WTI) crude remained above $97...
Read more
