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Energy – API reports oil inventory draws NYMEX WTI hovered near $70/bbl while ICE (NYSE:ICE) Brent was trading just below $75/bbl this morning as market participants await fresh updates from the...
Energy - Brent falls below US$75/bbl ICE (NYSE:ICE) Brent extended its decline for a third straight session with prices falling sharply by almost 4% in the early trading session today as the risk...
Oil prices continue to deflate while war tensions are very much anchored in place between Iran and Iraq. There is no doubt that we two groups of traders are currently moving the prices. One of them...
Rising oil prices driven by geopolitical tensions heighten investment interest in the energy sector The potential for disruptions in oil exports from the Middle East raises concerns about global...
A potential strike on Iran's oilfields amid escalating Middle East tensions sparked a rally in oil before profit-taking ensued. Meanwhile, OPEC+ cuts also weigh on supply-demand dynamics. Key...
Investors have much to ponder after unsettled US and choppy Chinese markets washed over to UK shores, with Middle East conflict concerns adding to a cautious mix. In the US, the consensus has now...
Energy – Saudi raises OSPs for Asian buyers Oil prices eased this morning as traders await new developments in the Middle East. US President Joe Biden is reportedly discouraging Israel from...
Oil prices firm amid growing supply risks ICE Brent is trading more than 8% higher than it was before Iran’s missile attack on Israel. However, the bulk of this move occurred on Thursday after...
Oil prices surged on Thursday as escalating tensions in the Middle East stoked fears of potential supply disruptions in the region. The conflict between Israel and Iran, along with ongoing clashes...
Energy – Supply risks build Oil prices rallied yesterday and this strength has continued in early morning trading today following Iran’s missile attack on Israel overnight. ICE Brent settled almost...
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