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Oil Prices Drop, but Iran-Israel Conflict Raises Many Risks
The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude remains below the $80 average for 2024, the Deutsche Bank analysts wrote. The market continued to waver, though, and by Monday, oil prices had fallen about 3 percent.
Russia failed to reap the full rewards of the recent rally in oil prices, or the increase in its own OPEC+ output target, as ...
Tuko News on MSN9h
Oil stabilises after surge, stocks drop as Mideast crisis fuels jittersOil prices stabilised Wednesday after surging the previous day on fears of a US intervention in the Israel-Iran conflict ...
NEW YORK (AP) — Some calm is returning to Wall Street, and U.S. stocks are rising on Monday, while oil prices are giving back ...
Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.
Calm is returning to Wall Street. U.S. stocks are rallying Monday, while oil prices are giving back some of their initial ...
The chief executive of top energy trader Vitol expects a slight reduction in U.S. oil production this year due to lower ...
Iran and Israel's air war, which began on Friday when Israel attacked Iran's nuclear facilities, has raised concerns that the ...
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