Oil prices fall for second day as U.S. expects limited Israel response to Iran attack
U.S. officials told NBC News that they expect an Israeli response to Iran's attack to be limited in scope.
Decoding Oil's Perplexing Reaction to Iran's Attack on Israel
U.S. crude oil breaks above $87 as Israel reportedly preparing for Iran attack this weekend
Israel is preparing for a direct attack by Iran on southern or northern Israel as soon as Friday or Saturday, The Wall Street Journal reported.
No surprise considering #oil prices.
Inflation increased 3.5% in March
The fight to reduce inflation has struck a rough patch in recent months.
Oil prices fall on large U.S. crude stockpile increase
Oil prices rise as Ukraine strikes Russian refineries
At least 10% of Russia's refining capacity has been disrupted by the attacks, according to British intelligence.
Oil Supply Deficit Expected All Year on OPEC+ Cuts: IEA
Global oil demand to grow amid Red Sea shipping disruptions: IEA
The International Energy Agency says shipping disruptions provide a short-term boost to the oil market with demand at 1.3 million barrels per day.
Oil prices fall as market shrugs off China growth pledge, OPEC+ production cuts
Traders have worried for months that faltering growth in China and an abundance of crude produced in the Americas will put downward pressure on prices.
U.S. crude touches $80 for first time since November before OPEC+ decision
Oil booked a second consecutive monthly gain as front-month futures contracts trade at a premium to later months, typically a sign of a tightening market.
Oil prices drop in early Asian trade, extending last week's fall with Brent at $81.28 & WTI at $76.16 a barrel. Inflation fears may delay US rate cuts, impacting demand forecasts. #newsonleo #oil #inflation #us #leofinance
Attack on cargo ship in Red Sea caused a miles-long oil slick
The US military has in recent weeks launched waves of strikes on Houthi-held areas inside Yemen in response to the Houthis’ attacks on shipping routes in the Red Sea.
Barclays to end direct financing of new oil and gas fields
The banking giant has been coming under mounting pressure to curb its support for fossil fuels.
The U.S. is breaking oil-production records with fewer drilling rigs
Petro an oil-backed token of Venezuelan government is deemed dead after government decided to deactivate Patria wallets and convert all Petro into Bolivars.
Oil prices are poised to end the year 10% lower in first annual decline since 2020