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From a crude oil market perspective this means focusing on the fact that so far not one barrel of crude oil supply has been ...
The spare capacity of OPEC and its allies, including Russia, to pump more oil to offset any disruption is roughly equivalent ...
Brent crude oil futures rose 0.82% to $74.84 a barrel, while US West Texas Intermediate crude futures gained 0.99% to $73.70.
On Monday, the dollar rose 0.14% to 144.3 Japanese yen , while the euro was 0.14% lower at $1.1534. In early Asia hours, the ...
Crude prices have jumped by around 12% in the past week, amid the Israel-Iran conflict and heightened fears of a broader ...
Israel’s strike on Iranian nuclear and military facilities has pushed West Asia one step closer to a far wider, more ...
The worsening geopolitical situations in the Middle East also stoke fears that conflict could disrupt trade in the Strait of Hormuz, through which one-fifth of the world's oil passes each day.
Peter Tirschwell from S&P Global Market Intelligence discusses the potential disruption to global shipping as a result of ...
Crude oil prices affect the paint business and tyre industries are they are raw material-intensive industries, that depend on ...
Geopolitical tensions in the Middle East could drive oil prices as high as $120 per barrel according to JP Morgan, benefiting ...
American consumers are likely to start feeling the impact of the escalating conflict between Israel and Iran as more expensive oil causes prices at the gas pump to rise.
OMCs such as HPCL and BPCL saw heavy selling pressure during the previous session amid escalating tensions in the Middle East ...