Rising geopolitical tensions in the Middle East propel oil prices higher, despite underlying concerns of slower U.S. rate cuts impacting weekly trends.

Oil prices head back up on Middle East jitters

08:41pm, Thursday, 11'th Apr 2024
Oil prices rose in early trade on Friday on heightened tensions in the Middle East, where Iran has promised to retaliate for a suspected Israeli air strike on its embassy in Syria, which could risk di
Oil traders continue to take profits near multi-month highs.
OPEC on Thursday predicted robust fuel use in the summer months and stuck to its forecast for relatively strong growth in global oil demand in 2024, while saying there was a chance the world economy c
Oil futures edged lower Thursday, consolidating the previous session's gain, as investors weighed the potential for Iranian attacks in retaliation for a strike on the country's embassy in Syria that w
Oil prices are rising due to ongoing Middle East tensions, US political support for Israel, with traders awaiting upcoming reports from OPEC and IEA.
Amid escalating Middle East tensions, oil prices surge, spotlighting Iran and its potential to disrupt global oil supplies.
Oil prices held steady in early Asian trading on Thursday after gaining a dollar a barrel in the prior session as investors braced for a worsening of the Middle East crisis, potentially involving Iran
Strong dollar and rising Treasury yields did not put pressure on oil markets.
The armed conflict between the coalition, headed by the U.S. and the Yemeni Houthis, is widely known. It has led to enormous volatility in financial markets, but will it have a long-term impact?
The crude oil market has shown signs of life during the session on Wednesday, as we continue to see a lot of “buy on the dips” situation. This market is now entering a strong seasonal cycle.
Oil futures edged higher Wednesday, shaking off earlier weakness seen after an industry group pointed to a larger than expected rise in U.S. crude inventories.
Gaza ceasefire deadlock and Pemex cuts heighten supply fears, contrasting with U.S.'s unexpected crude surplus amid rising oil prices.
Amid Gaza's escalating tensions, oil prices stabilize, reflecting the delicate balance between geopolitical concerns and increasing U.S. crude stocks.
Oil prices held steady in early trade on Wednesday after two straight days of losses, as worries about tighter supply due to uncertainty over Gaza ceasefire talks were offset by a bigger-than-expected
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