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Crude oil prices are heading for their steepest weekly drop since March 2023, as supply fears linked to the Iran–Israel ...
STORY: Oil prices headed for their steepest weekly decline in two years on Friday (June 27)That's after Israel and Iran ...
The Indian rupee closed 21 paise stronger at 85.49 against the US dollar on Friday in comparison to its previous close of Rs ...
The risk premium on crude oil faded considerably this week with prices set for their steepest weekly fall since March 2023 on ...
Brent crude futures rose 54 cents, or 0.8%, to $68.26 a barrel by 0830 GMT while US West Texas Intermediate crude gained 60 cents, or nearly 0.9%, to $65.83 ...
Oil prices were edging higher in early trade, but remained on track for steep weekly losses as the geopolitical risk premium ...
Goldman Sachs reports that the risk of crude oil supply disruption in the Middle East has significantly decreased after a ceasefire between Israel and Iran, leading to revised oil price forecasts.
China's Iranian oil imports surged in June as shipments accelerated before the recent conflict in the region and demand from ...
Crude oil prices are set for a weekly loss as fears of Middle East supply disruptions subside and market attention shifts to tariffs and upcoming OPEC+ decisions.
Options markets suggest the probability of a disruption of oil flows through the Strait of Hormuz is just 4% following the ...
The most-active August ULSD contract jumped 5.7cts to $2.3135/gal and July ULSD rose 7.65cts to $2.373/gal. August RBOB was 2.9cts higher at $2.095/gal and July RBOB was up 3.6cts to $2.1185/gal.
Early panic pushed crude oil past $81, but prices have since fallen as traders bet the Strait of Hormuz will stay open.