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Thus, the world saw a price spike which, despite being widely predicted by many smart people, didn’t happen, and the reasons ...
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.
Oil was set to fall this week with the Iran-Israel ceasefire holding and easing concerns over Middle East supply risks, ...
A fragile cease-fire in the Middle East and an oil supply chain without significant disruptions have helped keep gas prices ...
Spot rates for very large crude carriers (VLCCs) sailing from the Persian Gulf to Asia have fallen sharply in recent days, as ...
13h
Barchart on MSNHow High Can Middle East Turmoil Drive Crude Oil Prices?Barchart article that asked if there was more downside in crude oil, I cautioned: The geopolitical landscape remains highly ...
10h
Edmonton Journal on MSNConflict-driven oil price spikes not sustainable: ReportIt cites the renewed conflict in the Middle East as leading oil prices to fluctuate. The price of West Texas Intermediate ...
4h
Wonderwall on MSNOil Prices Climb Amid Middle East ConflictOil prices rise after President Donald Trump announced a ceasefire between Iran and Israel, as investors react to eased ...
A blockade of the Strait of Hormuz could affect a number of Asian countries, making renewable energy capacity a crucial guard against volatility.
Oil is set to notch a substantial weekly loss after one of its most tumultuous periods since Russia’s invasion of Ukraine in ...
Planning a July 4th road trip? Gas prices are actually down more than 20 cents from this same time last year despite Middle ...
Stock markets in the Gulf closed higher on Thursday amid steady oil prices as a ceasefire between Israel and Iran appeared to ...
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