Tag Archives: dow

Oil prices extended their rally on Monday, with Brent crude approaching $80 a barrel. This follows last week’s sharpest weekly increase since early 2023, fueled by fears of an escalating Middle East conflict that could disrupt exports from the region. As of 0839 GMT, Brent crude futures rose by $1.11, …

Oil prices were relatively unchanged on Friday but remained on track for significant weekly gains as investors balanced the risks of potential supply disruptions due to escalating tensions in the Middle East against a well-supplied global oil market. As of 04:15 GMT, Brent crude futures slipped by 8 cents to …

Oil prices surged on Thursday as escalating tensions in the Middle East raised concerns about potential disruptions to crude flows from the key exporting region. Despite a rise in U.S. crude inventories, the threat of a widening conflict overshadowed the stronger global supply outlook. By 06:15 GMT, Brent crude futures …

Oil, Crude, trading

New York Stock Exchange is experiencing a volatile trading session, with Wall Street indices opening lower amid escalating tensions in the Middle East, fueled by ongoing Israeli military operations in southern Lebanon. Economic data released on U.S. labor market conditions indicated a continued improvement in job growth, a trend the …

Oil, Crude, trading

Oil, Crude, trading

The Greenback navigated quite a bearish session on Thursday, giving away a big chunk of Wednesday’s gains despite higher yields and amidst a persistently firm sentiment in the risk-associated universe. The value of the US Dollar decreased significantly, which was good for riskier investments. The main focus will be on …

The S&P 500 reached a new all-time high on Thursday, buoyed by positive economic indicators and strong corporate performance. This surge suggests a robust economy that may alleviate concerns about an aggressive Federal Reserve interest rate cut.Key Economic Indicators Point to a Healthy Economy: Several economic data points contributed to …

Oil, Crude, trading