Oil prices plunged below $70 per barrel for the first time since 2021 on Tuesday, driven by growing concerns over slowing global economic growth....
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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
Oil prices plunged below $70 per barrel for the first time since 2021 on Tuesday, driven by growing concerns over slowing global economic growth....
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...
Introduction In a significant diplomatic move, Russian President Vladimir Putin has put forward a proposal to address the protracted conflict in...
Wolfspeed faces challenges amid supply constraints and competition. Its silicon carbide tech and partnerships offer promising future growth potential.
Wolfspeed faces challenges amid supply constraints and competition. Its silicon carbide tech and partnerships offer promising future growth potential.
The price of Brent Crude, the international benchmark for oil, has dipped below the $70 (R1,251) per barrel mark for the first time since late 2021....
The US has charged Hamas leader Yahya Sinwar and several other prominent figures in the Palestinian group in connection with its deadly attack in...