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Oil Updates — crude set to log steepest weekly decline in 2 years as war premium vanishes
SINGAPORE: Oil prices headed for their steepest weekly decline since March 2023 on Friday, as the absence of significant supply disruption from the Iran-Israel conflict saw any risk premium evaporate. Brent crude futures rose 35 cents, or 0.52 percent, to $68.08 a barrel by 7:29 a.m. Saudi time while US West Texas Intermediate crude gained 40 cents, or 0.61 percent, to $65.64. That put both contracts on course for a weekly fall of about 12 percent.
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arabnews.com
Oil Updates — crude tumbles after Israel agrees to Trump’s proposal on ceasefire
SINGAPORE: Oil prices hit their lowest in two weeks on Tuesday after Israel agreed to US President Donald Trump’s proposal for a ceasefire with Iran, alleviating worries of supply…
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scmp.com
Oil rises after 2-day slump as traders assess Iran-Israel ceasefire
Brent crude rose about 1 per cent to near US$68 a barrel, after slumping 13 per cent over the past two days, while West Texas Intermediate was above US$65.
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Oil Updates — crude rises more than 1% as investors assess Iran-Israel ceasefire, demand outlook
LONDON: Oil prices climbed more than 1 percent on Wednesday as investors assessed the stability of a ceasefire between Iran and Israel, while support also came from data that…
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cnbc.com
U.S. crude oil rises 1% after steep selloff following Israel-Iran ceasefire
Oil prices sold off on Monday and Tuesday after Iran held back from targeting regional crude supplies, and Trump pushed Jerusalem and Tehran into a truce.
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Oil Updates — crude steady as investors watch Iran-Israel ceasefire, demand signals
LONDON: Oil prices were steady on Thursday after erasing earlier gains as investors remained cautious about the Iran-Israel ceasefire while also shifting focus to market…
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Oil Updates — crude set to log steepest weekly decline in 2 years as war premium vanishes
SINGAPORE: Oil prices headed for their steepest weekly decline since March 2023 on Friday, as the absence of significant supply disruption from the Iran-Israel conflict saw any…