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Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.
Brent crude rose about 1 per cent to near US$68 a barrel, after slumping 13 per cent over the past two days, while West Texas Intermediate was above US$65.
West Texas Intermediate (WTI) Oil price extends its losses for the second successive day, trading around $66.30 during the ...
Stocks rose Monday, with oil prices declining, following a restrained response by Iran to U.S. attacks over the weekend.
The market’s biggest concern is that Iran could disrupt flows through the Strait of Hormuz—a vital artery for about a quarter ...
"Russia could emerge as a beneficiary if Iran were to close the Strait of Hormuz," said Nikos Tzabouras, analyst at Tradu.
Aegis Hedging, which handles hedging for roughly 25-30% of U.S. output, according to internal estimates, saw a record volume ...
However, Tony Sycamore, a market analyst at IG, said that ongoing tensions in the Middle East and the risk of slowing global ...
A relief rally is underway on Wall Street with stocks surging, as oil falls below the $65 per barrel level and gold prices retreat amid a de-escalation between Iran-Israel. Still, President Trump ...
An expanded conflict in the Middle East adds to the list of risks facing the stock market and broader economy, which are ...
U.S. crude futures fell on Tuesday to their lowest level in more than a week as U.S. President Donald Trump said a ceasefire ...