The price of benchmark crude West Texas Intermediate (WTI) fell for the second successive session, trading around $72.50 a barrel in Asian markets on...
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West Texas Intermediate (WTI) ended a four-day losing streak, trading around $72.50 per barrel on Wednesday. The benchmark crude oil is getting support from rising concerns about supply constraints due to ongoing geopolitical tensions in the Middle East. Hamas named Yahya Sinwar as its new leader in Gaza following the assassination of former chief Ismail Haniyeh. There are concerns about potential escalation in the region, with Iran and its allies — Hamas and Hezbollah — vowing retaliation against Israel and the United States for the killing of the Hamas leader, according to Reuters. However, the potential for a rebound in
The price of benchmark crude West Texas Intermediate (WTI) fell for the second successive session, trading around $72.50 a barrel in Asian markets on...
Oil rebounded on Wednesday after a sharp drop in the previous session ended a three-day streak of gains as investors have whipsawed between concerns...
The benchmark West Texas Intermediate (WTI) trades around $68.60 in early Asian markets on Friday, hovering around 68.37 recorded on Thursday, the...
The benchmark West Texas Intermediate (WTI) trades around $68.60 in early Asian markets on Friday, hovering around 68.37 recorded on Thursday, the...
Crude prices rose due to worries about Tropical Storm Francine disrupting supply despite demand concerns and OPEC forecasts.
By Saman Ayesha Kidwai In November 2023, then Iranian President Ebrahim Raisi became the first Iranian leader to visit Saudi Arabia in nearly 11...
The benchmark US crude oil West Texas Intermediate is trading lower at $75.10 on Wednesday as investors are concerned about slower economic growth in...
Despite Israel foiling Hezbollah's attack this week, the Biden administration is reinforcing its air and sea forces in the region while rushing arms...
Introduction In a significant diplomatic move, Russian President Vladimir Putin has put forward a proposal to address the protracted conflict in...
The US has charged Hamas leader Yahya Sinwar and several other prominent figures in the Palestinian group in connection with its deadly attack in...