Oil prices edged higher in Asian trading on Friday, building on strong gains from the previous two sessions and putting benchmarks on course for a weekly rise of around 6%, as escalating tensions between the United States and Iran stoked fears of supply disruptions in the Middle East. By 22:41 …
Read More »Oil Surges to Six-Month High Amid Rising US-Iran Tensions
Oil prices climbed to their highest levels since August 2025 on Thursday, fueled by escalating tensions between the US and Iran. West Texas Intermediate (WTI) traded around $66.35 per barrel, extending gains from a sharp rally earlier this week. Brent crude also followed suit, reaching $71.55 per barrel.The surge reflects …
Read More »Gold Hangs Tough Below $5,000 as Strong Dollar and Geopolitical Tensions Keep Traders on Edge
Gold hovered just below $5,000 on Thursday, unable to extend recent gains as investors balanced a strong US Dollar with ongoing global uncertainties. The precious metal has drawn attention as a safe-haven amid rising tensions in the Middle East.Prices stayed around $4,975 per ounce, consolidating after briefly reaching $5,021 earlier …
Read More »Bitcoin Extends Losses as Hawkish Fed Minutes and Geopolitical Tensions Weigh on Sentiment
Bitcoin declined further on Thursday, extending its recent downtrend after hawkish signals from the Federal Reserve’s January meeting minutes heightened uncertainty over the outlook for U.S. interest rates. The cryptocurrency sector was also pressured by broader risk aversion amid escalating geopolitical tensions between the United States and Iran. The world’s …
Read More »Gold Extends Rally in Asia as Geopolitical Risks Offset Hawkish Fed Signals
Gold prices moved higher in Asian trading on Thursday, building on a sharp rally in the previous session, as investors weighed persistent geopolitical tensions against mixed signals from the U.S. Federal Reserve. Spot gold rose 0.9% to $5,019.95 an ounce by 02:03 ET (07:03 GMT), while U.S. gold futures gained …
Read More »Bitcoin Faces Pressure as Fed Hawkish Tone Weighs on Crypto Market
Bitcoin (BTC) traded at $66,423, down 1.55% as investors remain cautious amid a hawkish stance from the U.S. Federal Reserve. The central bank’s signals of maintaining tighter monetary policy have contributed to a risk-off sentiment across global markets, affecting digital assets alongside equities. The market has seen notable accumulation by …
Read More »Oil Surges As Markets Trade Geopolitical Headlines, Not Fundamentals
Crude oil prices jumped more than 4% on Wednesday as traders reacted to heightened risks of conflict between the United States and Iran. The surge followed the conclusion of Ukraine-Russia peace talks in Geneva, which ended without progress, adding to uncertainty across global energy markets. Brent crude rose $2.80 to …
Read More »Bitcoin Extends Losses as U.S. Data, Fed Minutes Keep Risk Appetite Muted
Bitcoin slipped further on Wednesday, extending recent losses as investors remained cautious ahead of key U.S. economic data and comments from the Federal Reserve, dampening appetite for speculative assets such as cryptocurrencies. The world’s largest cryptocurrency fell nearly 1% to $67,746.6 by 01:19 ET (06:19 GMT), offering little reaction to …
Read More »Oil Prices Steady in Asia as Progress in U.S.–Iran Talks Eases Supply Fears
Oil prices were largely unchanged in Asian trading on Wednesday, stabilizing after sharp losses in the previous session, as signs of progress in U.S.–Iran nuclear negotiations reduced concerns over potential supply disruptions and weighed on geopolitical risk premiums. As of 21:18 ET (01:18 GMT), Brent crude futures for April delivery …
Read More »Explainer: OPEC Sticks to Oil Demand Outlook for 2026 and 2027
The Organization of the Petroleum Exporting Countries has reaffirmed its outlook for global oil demand over the next two years, signaling confidence that consumption growth will remain solid despite economic uncertainty and energy transition pressures.In its latest monthly assessment, the group kept its forecast unchanged, projecting global oil demand to …
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