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Oil Prices Drop, but Iran-Israel Conflict Raises Many Risks
The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude remains below the $80 average for 2024, the Deutsche Bank analysts wrote. The market continued to waver, though, and by Monday, oil prices had fallen about 3 percent.
Russia failed to reap the full rewards of the recent rally in oil prices, or the increase in its own OPEC+ output target, as ...
The Indian rupee remained largely unchanged on Wednesday as pressure from elevated oil prices amid escalating Israel-Iran ...
Calm is returning to Wall Street. U.S. stocks are rallying Monday, while oil prices are giving back some of their initial ...
I avoid long-term oil investments due to unpredictable price swings, but high implied volatility now creates an opportunity ...
A surging oil price is likely to trigger a depreciation in Asian currencies, notably the Thai baht, Taiwan dollar and Korean ...
NEW YORK — U.S. stocks slumped on Tuesday under the weight of another jump for the price of oil. It was a return to form for ...
Crude oil prices continue to face upward pressure as the conflict between Israel and Iran continues, raising concerns about oil supply disruptions from the Middle East.
This latest iteration of the Middle East crisis is both familiar and unfamiliar. We’re all back obsessing about the oil price ...
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