Tag Archives: Middle East tensions

Oil prices hovered near $74 a barrel on Tuesday as geopolitical tensions in the Middle East and concerns over weakening demand growth in China, the world’s top oil importer, continued to influence the market. Brent crude futures for December delivery slipped 20 cents, or 0.27%, to $74.09 per barrel by …

Oil prices rose on Monday, recovering some of last week’s steep losses driven by concerns over China’s economic slowdown and easing tensions in the Middle East. Brent crude futures increased by $1.16, or 1.6%, to $74.22 per barrel at 1036 GMT, while U.S. West Texas Intermediate (WTI) crude gained $1.32, …

Oil prices rose slightly in Asian trading on Monday, following a sharp decline last week driven by worries over slowing demand in China, the world’s largest oil importer, and easing concerns about supply disruptions in the Middle East. Brent crude futures gained 0.37%, or 27 cents, to trade at $73.33 …

U.S. stock futures edged higher on Friday, driven by technology sector gains, particularly in the Nasdaq 100. Leading the charge was Netflix, whose shares jumped 6.5% in premarket trading after exceeding Wall Street expectations for subscriber growth and projecting continued growth through the end of the year. Other “Magnificent Seven” …

Oil prices edged higher on Thursday, balancing the impact of falling US crude inventories against escalating geopolitical tensions in the Middle East and underwhelming economic stimulus measures from China.West Texas Intermediate (WTI) and Brent crude both settled slightly higher, with WTI closing at $70.67 a barrel and Brent at $74.45 …

Oil prices tumbled more than 4% on Tuesday, reaching their lowest levels in nearly two weeks due to a weaker global demand outlook and a report suggesting that Israel may refrain from striking Iranian oil infrastructure. This development eased concerns over potential supply disruptions in the Middle East, which had …

Notwithstanding concerns surrounding a wider Middle East war, which could disrupt oil flows from the region, China stimulus disappointment and OPEC+ producer plans to bring barrels back in the coming months have put the crude oil market at risk of a sharp correction. The pending surplus in early-2025, stemming from …

U.S. stock index futures edged lower on Friday as investors braced for the release of key bank earnings reports and another inflation reading, with potential implications for the Federal Reserve’s monetary policy. As of 05:40 ET (09:40 GMT), Dow Jones Futures dropped 95 points (0.2%), S&P 500 Futures fell 17 …

Oil prices have been on a wild ride in recent weeks, driven by a perfect storm of geopolitical tensions and natural disasters. The escalating conflict between Israel and Iran, coupled with the devastating impact of Hurricane Milton on U.S. fuel supplies, has sent crude oil prices soaring. The Middle East, …

Stocks rebounded on Tuesday following a losing session on Wall Street, as oil prices eased and investors assessed ongoing tensions in the Middle East. The S&P 500 gained 0.97% to settle at 5,751.13, and the Nasdaq Composite rose 1.45% to finish at 18,182.92. The Dow Jones Industrial Average added 126.13 …