John Evans News

17.04 / 16:23

markets Reuters Trade President War Oil trades near one-month low over demand concerns despite Iran-Israel war; Brent at $89/bbl

₹6,973 per barrel on the multi commodity exchange (MCX). Oil prices have softened this week as economic headwinds curb gains from geopolitical tensions, with markets eyeing how Israel might respond to Iran's weekend attack. Analysts do not expect Iran's unprecedented missile and drone strike on Israel to prompt dramatic U.S.

04.04 / 10:17

markets UPS Coronavirus pandemic President country diving Brent slides over 3%, hits lowest level since 2021

Oil prices were heading towards their lowest close since the midst of the coronavirus pandemic in 2021 on Friday, hit by U.S. President Donald Trump's barrage of new tariffs and output increases announced by the OPEC+ producer group. Brent futures plummeted by $2.29, or 3.3%, to $67.85 a barrel by 0948 GMT. U.S. West Texas Intermediate crude futures dived by $2.32, or 3.5%, to $64.63.

15.04 / 18:07

Platform security Experts War prevention Oil prices decline as risk premium eases following Iran attack; brent crude at $89.64/bbl

Crude oil prices can hit $100 a barrel if Iran-Israel tensions escalate, say experts “Crude oil dipped around $85 after Israel successfully defended itself from Iran's large-scale air attack over the weekend, and the US underlined its desire to prevent a larger Middle East conflict. The Iranian strike did minimal damage in Israel.

09.02 / 11:35

Citi Southern Immunic War track Weekly Oil heads for weekly gains after Israel rejects ceasefire offer

By Ahmad Ghaddar

23.01 / 14:47

UPS Citi Trade War reports Oil down as traders mull mixed supply cues

By Robert Harvey

04.01 / 16:46

UPS Target FIVE economy show Oil steadies as Middle East supply worries balance economy concerns

Oil steadied on Thursday, largely unwinding an earlier rally, as concerns over Middle Eastern supply and disruptions at an oilfield in Libya were countered by concern about economic growth and demand. Local protests forced a production shutdown on Wednesday at Libya's Sharara oilfield, which can produce up to 300,000 barrels per day (bpd). The field, one of Libya's largest, has been a frequent target for political protests. Brent crude fell 30 cents, or 0.4%, to $77.95 a barrel by 1450 GMT, after earlier rising over $1.

22.12 / 17:43

Reuters track country reports Oil prices steady as Red Sea tensions offset possible future rise in Angola output

By Scott DiSavino

07.12 / 12:52

Manufacturing economy show stage country information Oil stages small recovery as weak economic outlook lingers

By Ahmad Ghaddar

15.11 / 10:59

BLOCK Progressive Waters economy country information reports Oil dips on prospect of peak US production, despite strong demand signals

By Paul Carsten

31.10 / 10:35

Citi Reuters Waters show track reports Oil down almost 4%, surrendering war premium amid Fed focus

Investing.com — Crude prices tumbled almost 4% on Monday as the market looked beyond the war in the Middle East to focus on what the Federal Reserve might do or say at its interest rate decision on Wednesday.

30.10 / 13:05

Manufacturing Apple economy show reports Oil falls over 1% as concerns about Mideast supply ease

By Alex Lawler

25.10 / 11:11

UPS Manufacturing Fighting economy country prevention Oil steadies as Middle East war worries counter demand fears

By Natalie Grover

29.08 / 16:07

UPS Platform Action Chevron Oil steadies as supply concerns counter macroeconomic jitters

Brent crude edged up by 3 cents to $84.45 a barrel by 1332 GMT while U.S. West Texas Intermediate crude dipped 4 cents to $80.07. Hurricane Idalia strengthened on Tuesday as it headed towards Florida's Gulf Coast after skirting past Cuba. It is likely to cause power outages and could hit crude production.

25.08 / 11:25

UPS Remark country Oil gains 1% as investors await Fed's Powell speech

By Natalie Grover

23.08 / 13:17

Reuters Manufacturing Oil slides on grim manufacturing data

By Paul Carsten and Natalie Grover

21.08 / 12:51

UPS Provident Patterson show country Oil prices Oil up 1% on tighter supplies and heating oil prices

By Natalie Grover

15.08 / 12:09

UPS Dreams show country Oil dips as China data sours sentiment

By Natalie Grover

10.08 / 13:11

Provident Reuters Manufacturing show inflation data Oil steadies ahead of US inflation data

By Natalie Grover

19.07 / 14:51

COST UPS show Brent oil hovers above $80 as inflation worries ease

Brent futures were up 63 cents at $80.26 a barrel by 1325 GMT while U.S. West Texas Intermediate (WTI) crude was up 51 cents at $76.26. China's top economic planner pledged on Tuesday to roll out policies to «restore and expand» consumption in the world's second-largest economy, which could boost oil demand.

15.07 / 16:43

UPS Lowe's Reuters Commerzbank Shell Weekly week Oil settles on 3rd straight weekly gain after hitting 3-month high; check key triggers for crude next week

₹6,204 per bbl, having swung between ₹6,175 and ₹6,321 per bbl during the session so far, compared to their previous close of ₹6,246 per bbl. The U.S. dollar index edged higher after hitting a 15-month low during the session, as investors consolidated ahead of the weekend.

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