Oil Rises
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1don MSN
Oil prices fluctuated on Monday after jumping 7% on Friday, as renewed strikes between Israel and Iran over the weekend heightened market concerns, while European Gas prices rose. While the strikes did not directly affect Iran’s oil exports,
Oil prices are rising as traders once again express concern about disrupted Middle East supplies as the conflict between Israel and Iran continues. The cost of crude has been highly volatile in recent sessions as the market reacts to signs of escalation and hopes for a ceasefire.
The national average gas price has risen to $3.08 per gallon, slightly up from last week but still about 10 cents lower than a month ago and over 32 cents
The Indian rupee is likely to dip at the open on Tuesday, weighed down by rising oil prices and a decline in U.S. equity futures after U.S. President Donald Trump called for the evacuation of Tehran.
This latest iteration of the Middle East crisis is both familiar and unfamiliar. We’re all back obsessing about the oil price, yet we also know from the last few years that that same oil price has appeared somewhat impervious — oblivious?
DRIVERS must be spared a fuel duty hike as tensions in the Middle East push up global oil prices, MPs have warned. New figures show petrol prices rose to 132.1p a litre yesterday,
Prices for Brent crude, NYMEX Light Sweet, and West Texas Intermediate (WTI) futures rose by between 9 and 10 percent, reaching $75.15, $73.20, and $74 per barrel, respectively.
9hon MSN
Share prices skidded in Europe and Asia on Tuesday after Israel’s military issued an evacuation warning to 330,000 people in Iran’s capital Tehran. U.S. futures also declined. Oil prices bounced after the warning for a part of the city of 9.