Oil prices rise nearly 2%, recovers some of last week's 7% decline
Oil prices settled nearly 2% higher on Monday, recouping some of last week's more than 7% decline, with no letup of fighting in the Middle East and expected Israeli retaliation on Iran worrying markets about supply from the region.
WTI futures traded around $69.97 per barrel, as of 9 a.m. ET. That’s an increase of 0.27% in the last 24 hours.
Oil prices fell on Tuesday, paring the previous day's nearly 2% rise as the top U.S. diplomat renewed efforts to push for a ...
Citi's bull case for oil hinges on conditions deteriorating sharply in the Middle East as tensions keep rising between Israel ...
Many price forecasts have been called misguided or heretical but ultimately proved valid. Pundits are too quick to embrace ...
Oil prices were broadly steady on Monday, following a more than 7% drop last week on worries about demand in China, the world ...
Bloomberg Opinion columnist Javier Blas has predicted that oil markets will be oversupplied in 2025 thanks to unwinding OPEC production cuts as well as increased non-OPEC supply ...
With oil prices nearing $66, a break could signal significant changes. See more on how falling prices may impact yields and ...
Russia’s Shadow Fleet: Almost two years since an oil “price cap” was enacted by the West, a new report shows that nearly 70% ...
Oil prices fell dramatically on Tuesday morning as fears of Israel striking Iranian oil infrastructure faded and demand ...
Given the low level of oil inventories, there could be a sustained geopolitical premium in crude price until the conflict is ...
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