Why Israel-Iran war push up oil prices?
An escalating conflict between Israel and Iran has rattled global markets, pushing oil prices sharply higher.
Brent
Israel's attack on Iran triggers jump in oil prices
Oil prices have increased amid Israel's attack on Iran, with Brent crude surging by 11.6% to $78.5 per barrel and WTI crude rising to $71.60.
Oil price heading towards $60 per barrel
Oil prices extended losses on Monday, falling more than 2% as escalating trade tensions between the United States and China stoked fears of a recession that would reduce demand for crude while OPEC+ readies a supply increase. The price …
Oil prices fall below $69 per barrel
Brent crude oil fell below $69 for the first time since early March. The price decline continues for the second day amid Trump and OPEC+ decisions.
Oil price slips to $70
Oil prices fell on Wednesday after Russian President Vladimir Putin and U.S. President Donald Trump held talks. Brent crude futures fell 23 cents, or 0.3%, to $70.33 a barrel by 0730 GMT. U.S. West Texas Intermediate crude …
Oil prices drop as U.S.-China trade war intensifies
Crude oil prices slumped to their lowest level this year amid concerns of weakening demands after China announced a retaliatory tariff on US crude oil …
Oil returns to $80
Brent oil futures almost reached $80 per barrel during today's trading in London, while WTI also showed growth, rising to $75.
Brent prices climb above $80
Brent oil futures with delivery in December moved up above $80 per barrel on the London-based ICE yesterday for the first time since August 29, according to market data. Brent futures had gained 2.75% to $80.2 a barrel but rolled back …
'Black Monday' crashes Asian stock markets, bitcoin and oil
Stock markets tumbled on Monday, with Japanese shares at one point exceeding their 1987 "Black Monday" loss, as fears of a U.S. recession sent investors fleeing from risk while wagering that rate cuts would be needed to rescue …
Oil price going up
Brent oil futures with delivery in August climbed above $87 per barrel at the London-based ICE for the first time since April 30, 2023, according to trading data. Brent prices edged up by 0.46% to $87.04 a barrel. WTI futures …
Oil prices plummet once again
Oil prices eased on Tuesday, extending losses from a four-month low in the previous session, according to trading data. Brent crude futures …
What oil market anticipating in 2024?
Russian Deputy Prime Minister Alexander Novak expects the Brent oil price at $80-$85 per barrel next year, broadly in line with current levels.. He told Rossiya-24 state TV that Russia expects that the export of oil and petroleum …
Brent oil price surpasses $81 per barrel
The price of futures contract for Brent crude oil with March delivery on London’s ICE exceeded $81 per barrel yesterday evening for the first time since December 1. Brent price grew by 2.35% to $81.05 per barrel. By …
Brent price exceeds $80 per barrel
The price of Brent crude oil futures contract with February delivery on London’s ICE rose above $80 per barrel for the first time since December 1. As of 11:39 Moscow time, the Brent …
Brent and WTI fall 5%
Oil prices continue falling. Since yesterday, Brent and WTI oil mixtures have fallen in price by 5%.
Oil prices declining again
Oil prices decreased in early trade on Tuesday following reports of China's falling export rates in October and the strengthening of the U.S. dollar. International benchmark crude Brent traded at $84.29 per barrel at 9.48 a.m. local …
Oil prices regain some ground
Oil prices rose on October 24, recovering some of the previous day's losses, as investors remained nervous that the Israel-Hamas war could escalate into a wider conflict in the oil-exporting region, causing potential supply disruptions. …
Brent oil price rises above $90 per barrel
The price of a December 2023 futures contract for Brent crude oil has risen above $90 per barrel on the London ICE exchange on Friday, for the first time since October 4, according to trading data. As of 07:533 p.m. Moscow time, the …
Oil prices hit new 10-month high
The price of Brent crude oil futures contract with November delivery on London’s ICE exchange exceeded $95 per barrel for the first time since November 15, 2022. According to exchange data at 06:52 Moscow time, the Brent price …
Brent oil tops $94 per barrel
Brent oil futures for November delivery reached the highest since November 16, 2022 on ICE in London, trading at more than $94 a barrel, data from the exchange show. Futures climbed by 2.05% to $94.08 a barrel at 23:13 Moscow time, …
