Hints and tips:
Related Special Reports
...But prices fell back in the wake of the Iranian attack, as traders bet that supplies from the region would not be disrupted....
...Helima Croft, head of commodities research at RBC Capital Markets, said current oil prices were not an “accurate barometer” of the pressure building in the region....
...Around the Gulf war of 1990, oil doubled while the S&P 500 fell almost 20 per cent. Over time, the price moves have become less severe....
...Oil prices jumped as news of the strikes emerged but have since eased and are now back to below levels from the start of the week as traders bet that diplomatic efforts to prevent an escalation of tensions...
...Oil prices climbed following the events in Iran. Futures for Brent crude, the international oil benchmark, rose to above $90 a barrel and then retreated to trade 1.3 per cent higher at $88.19....
...Traders are asking how much further oil can rally after prices climbed above $90 per barrel this week for the first time since October....
...Oil prices fell sharply as concerns over a glut outweighed fears that supplies could be disrupted by a widening conflict in the Middle East....
...The latest forecasts come after three months of steadily rising oil prices, as traders fret that the conflicts in the Middle East and Ukraine could trigger a supply shock at a time when inventories of oil...
...Some firms are warning triple-digit oil prices are well within in reach depending on Israel’s choice of retaliation and US pressure on Iran....
...Futures for Brent crude, the international oil benchmark, rose as much as 4.2 per cent to $90.75 per barrel....
...Oil prices climbed to their highest level since October after strong manufacturing data from the US and China boosted traders’ expectations for demand....
...Oil prices retreated from five-month highs on Monday after Israel said it had withdrawn its troops from Khan Younis in southern Gaza, easing fears of an escalation in the conflict....
...He added current prices at about $90 a barrel were fair given supply and demand dynamics and geopolitical tensions. “$90 is a good price for a producer....
...The region-wide Stoxx Europe 600 was up 0.3 per cent shortly after the opening bell, led by strong gains for commodity-linked stocks as oil prices climbed on rising tensions in the Middle East and stronger...
...European stocks slipped on Friday, following Wall Street lower as flaring tensions in the Middle East spooked traders and sent oil prices higher....
...pressures as a result of higher oil prices and be forced to further raise rates....
...Higher oil prices just stoke fears of a reacceleration of broader price inflation. This would remove one of the factors behind the recent rally in equity prices....
...Russian budget revenues in the first quarter of 2024 reached Rbs8.7tn ($94bn) thanks to elevated oil prices, marking year-on-year growth of more than half, finance ministry data showed on Monday....
...The price of Brent crude, the international oil benchmark, settled about 1.5 per cent higher to $90.65 a barrel on Thursday, while the West Texas Intermediate, the US oil benchmark, rose about 1.4 per cent...
...But the royalty rise also comes as crude oil prices increase amid fears of supply disruptions due to turmoil in the Middle East — factors that have already pushed up US petrol prices and boosted inflation...
...And to build this kind of futuristic stuff, they need high oil prices. So what they do is they limit the amount of oil supply going on to the market to support the price....
...Oil prices climbed above $92 per barrel for the first time since October on rising fears of a widening conflict in the Middle East....
...Equities across Asia fell on Friday, following US markets lower amid concerns about higher oil prices and tensions in the Middle East....
...Prices for oil continued to rise, with Brent crude, the global benchmark, edging up 0.3 per cent to $89.58 per barrel....
...World oil demand growth continues to fall, the International Energy Agency insisted on Friday, even as concerns over a supply shock have driven prices up by nearly a fifth this year....
International Edition