Tag Archives: Middle East tensions

U.S. stock index futures ticked higher Monday morning as markets brace for a high-stakes week that includes the closely contested U.S. presidential election and a Federal Reserve policy meeting. At 06:10 ET, Dow Jones Futures were up by 60 points (0.1%), S&P 500 Futures rose by 12 points (0.2%), and …

Oil prices saw a sharp rise in Asian markets on Monday following OPEC+’s decision to delay its planned production increase for December by at least one month. This move comes as the cartel aims to counter downward pressure on oil prices due to weaker demand, particularly from China. Market Reactions: …

Oil prices rose sharply on Friday, with Brent crude and U.S. West Texas Intermediate (WTI) both gaining over 2% as geopolitical concerns and supply factors bolstered the market. By early trading hours, Brent crude for January delivery climbed to $74.22 a barrel, up $1.41, while WTI rose to $70.72, gaining …

Oil prices advanced on Thursday, driven by positive signs for U.S. fuel demand after an unexpected drop in crude and gasoline inventories, and potential delays in OPEC+ production increases. Brent crude climbed 0.65% to $73.02 per barrel, while West Texas Intermediate (WTI) rose 0.63% to $69.04 per barrel. The Energy …

U.S. stock index futures inched higher Wednesday, buoyed by a notable increase in Alphabet shares following the company’s robust earnings report. As of 06:25 ET (10:25 GMT), Dow Jones Futures were up by 50 points, or 0.1%, S&P 500 Futures climbed 15 points, or 0.3%, and Nasdaq 100 Futures added …

Oil prices held steady at one-month lows after recent declines, as markets weighed prospects of a ceasefire between Israel and Hezbollah and rising crude output from OPEC+ against concerns over U.S. fuel stocks and demand uncertainty. Brent crude rose by 0.8% to $71.70 per barrel, while U.S. West Texas Intermediate …

Oil prices saw a modest recovery on Tuesday, buoyed by the U.S. government’s plan to purchase up to 3 million barrels for the Strategic Petroleum Reserve (SPR), yet concerns lingered over weaker global demand growth. As of 10:26 GMT, Brent crude futures rose 1.04% to $72.16 a barrel, while U.S. …

U.S. stock index futures climbed on Monday, supported by easing geopolitical concerns and anticipation of a busy week, including key technology earnings, nonfarm payroll data, and final U.S. presidential election campaign pushes. By 06:35 ET (10:35 GMT), Dow Jones Futures were up 225 points (0.5%), S&P 500 Futures gained 36 …

Oil prices fell sharply on Monday, with both Brent and U.S. West Texas Intermediate (WTI) crude futures dropping over 4% after Israel’s weekend strike on Iran bypassed key oil and nuclear facilities. This less severe escalation eased concerns about disruptions to Middle Eastern energy supplies, leading to a price drop. …

Oil prices slipped on Wednesday following reports of a larger-than-expected rise in U.S. crude inventories. Brent crude brent fell 0.7% to $75.54 per barrel, while U.S. West Texas Intermediate (WTI) also dropped 0.7% to $71.24 per barrel. The declines followed two sessions of gains earlier this week. U.S. crude stocks …