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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 ...
U.S. crude oil futures remained near five-month highs on Wednesday as President Donald Trump weighed whether to join Israel’s ...
Consumer prices rose 3.4% in May compared with a year earlier, down from the 3.5% of April but still well above the BOE ...
NEW YORK (AP) — U.S. stocks are nudging lower on Tuesday, and oil prices are rising again. It’s a modest return to form for ...
Calm is returning to Wall Street. U.S. stocks are rallying Monday, while oil prices are giving back some of their initial ...
A surging oil price is likely to trigger a depreciation in Asian currencies, notably the Thai baht, Taiwan dollar and Korean ...
With oil prices rising, many Americans are bracing for another wave of inflation. Brian Levitt, Chief Market Strategist at ...
By Rajendra Jadhav MUMBAI (Reuters) -Indian refiners cancelled orders for 65,000 metric tons of crude palm oil (CPO) ...
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