Crude futures rose on Monday as the market continues to weigh geopolitical issues against fundamentals — although analysts say the rally may be short-lived.
Oil futures rose on Monday, with diesel leading the way higher as the market continues to weigh geopolitical issues against fundamentals. The upward momentum seems tepid, however, with some market watchers saying the current rally may be modest and short-lived.
Traders shake off worries about prolonged spike in oil prices – for now
LONDON: Oil prices edged higher on Thursday as investors remained cautious about the Iran-Israel ceasefire and shifted their…
Oil prices were choppy on Wednesday morning as markets continue to watch developments in the U.S.-Iran war.
Trump's statement sent oil lower, while equities jumped. Still, the recovery on Tuesday suggests lingering skepticism over Trump…
U.S. oil prices climbed 1.1% to $73.79 per barrel, and Brent crude rose 1% to $74.94.
Traders are using financial instruments to shield against the risk of price swings driven by geopolitical risk and economic…
