Oil prices settled more than $1 a barrel higher on Monday as Russia accused Ukraine of attacking President Vladimir Putin's ...
Arabian Gulf Business Insight on MSN
Oil rises 1% as Middle East tensions threaten supply
Oil prices rose on Monday as investors weighed Middle East tensions that could disrupt supply, while a major hurdle remains in the Russia-Ukraine peace talks. Brent crude futures rose 56 cents, or ...
Oil prices edged higher in early Asian trading as Middle East tensions and ongoing Russia-Ukraine conflict fueled supply ...
NEW YORK (Reuters) -Oil prices fell 6% on Tuesday to settle at a two-week low, on expectations the ceasefire between Israel and Iran will reduce the risk of oil supply disruptions in the Middle East.
India’s Reliance Industries Ltd. has bought millions of barrels of crude from the Middle East and US after Washington sanctioned two Russian producers, raising concerns about a disruption to oil flows ...
Markets have been on edge since over fears of a widening of the conflict in the Middle East — a major oil-producing region.
Oil edged lower as traders focused on cooling tensions in the Middle East and broader markets struck a more cautious tone. West Texas Intermediate fell 1.7% to settle below $62 a barrel while Brent ...
While Middle East tensions are driving near-term market volatility, this focus is likely to be temporary as attention soon returns to major July and August policy decisions. The price of oil serves as ...
MUMBAI – Reliance Industries, India’s largest private refiner, has sharply increased its crude oil purchases from the Middle East as global sanctions tighten around Russian energy exports and Western ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Oil futures surged to a five-month high Monday morning after the U.S. struck Iranian nuclear ...
Rising prices of Middle Eastern crudes have opened the arbitrage window for West Texas Intermediate (WTI) to flow to Asia, which is set to buy higher volumes of the U.S. crude grade in the coming ...
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