Oil prices rose nearly 2% on supply fears as escalating Middle East tensions, including possible Israeli retaliation against Iran, shook markets
WTI crude
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Oil prices have steadied after seven consecutive weeks of decline, as global supply and demand factors and geopolitical tensions influence market trends.
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Oil prices fell by 2% on Monday due to global demand concerns and comments from Israel’s government, with WTI and Brent crude experiencing sharp declines.
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Oil prices fell by over 1% following weak economic data from China, sparking fears of reduced global demand for energy in the coming months.
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Oil prices recorded significant weekly gains amid heightened Middle East conflict fears. President Biden’s caution against targeting Iranian oil helped limit the surge.
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Oil prices fell $1 per barrel following a significant revision of U.S. jobs data, sparking fears of economic slowdown and adding to global market uncertainty.
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Oil prices dropped nearly 2% amid concerns over weakening demand from China and ongoing tensions in the Middle East, capping a volatile week in global oil markets.
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Oil prices dropped as fears of a broader Middle East conflict subsided, with Iran holding back on its threats against Israel. Market analysts point to a reduced geopolitical risk premium …
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Oil prices are on track for a 3% weekly gain, driven by escalating Middle East tensions and positive U.S. economic data. The market remains volatile amid ongoing geopolitical risks.
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Oil prices stabilize following a Golan Heights attack, balancing Middle East tensions with demand concerns.