Crude futures notched back-to-back gains on Thursday, with prices finding support from growing tensions in the Middle East ...
Oil prices rose on Thursday after the United States issued new Iran-related sanctions and renewed tensions in the Middle East ...
BEIJING: Two giants in China’s oil and refining sector have taken the biggest opposing positions in Middle East crude trading in years, transforming global cargo flows and puzzling oil traders ...
Ali Mohammadi / Bloomberg / Getty Images Crude oil gained as much as 5% Tuesday as tensions escalated in the Middle East. Reports of Iran firing rockets towards Israel sparked concerns around ...
The blow to growth from a trade war is likely to hurt the price of oil – the mainstay of the region’s economy.
March WTI crude oil (CLH25) Monday closed up +1.32 (+1.86%), and March RBOB gasoline (RBH25) closed down -0.0008 (-0.04%). Crude oil and gasoline prices settled mixed Monday. Crude oil prices ...
Japan’s dependence on oil from the Middle East has risen to a record level at a time when global oil markets are haunted by Russia’s war in Ukraine and the Israel-Hamas conflict. Today ...
A further escalation of tensions in the Middle East could compound this further, if it results in higher oil prices or supply chain disruption. “Asian markets bore the brunt of the breaking news ...
"This ties in with the strength that we have seen in the Middle East physical market since the start of the year," ING analysts said. Brent crude was up 0.1% at $74.71 a barrel, while WTI rose 0.3 ...
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