Crude oil markets retreat as economic concerns outweigh Trump’s tariff threats
Crude oil prices climbed on Monday amid US President Donald Trump’s threats to impose 25% to 50% tariffs on Russia’s oil. However, economic concerns may…
Crude oil prices rise as Red Sea tensions intensify after US strikes
Crude oil prices jumped following the US military strikes on the Iran-backed Houthi militants, in response to the Yemen-based group’s commercial vessel attacks in the…
Oil prices drop as OPEC+ agrees to gradually hike output from April
Oil prices had already been trading lower in the last few weeks, partly because of expectations that US president Donald Trump could swiftly end Russia’s…
Oil rises as Israel-Hezbollah ceasefire violated, OPEC+ delays meeting
Oil prices rose nearly 1% Thursday after Israel reported ceasefire breaches with Hezbollah, reigniting Middle East tensions. Brent hit $72.90 a barrel, recovering recent losses.…
Asian shares rise as the yen dips after Japan’s ruling party loses majority
Asian shares rose on Monday, as the yen dipped in the midst of political uncertainty after Japan's ruling party lost its majority in Parliament's lower…
Will tensions in the Middle East lead to another energy price shock in Europe?
Will tensions in the Middle East lead to another market price shock in Europe? Energy analyst Dr Yousef Alshammari shares his outlook on oil prices…
Oil prices dip near year low on hopes of Israel-Hamas war ceasefire
Ceasefire hopes have risen following Israel's recent acceptance of a US bridging proposal. Hamas, however, has yet to do the same. ADVERTISEMENTOil prices dropped close…
Markets watch oil prices amid uncertainty after Iranian president’s death
President Raisi was expected to succeed Iran's supreme leader Ayatollah Ali Khameini. He was once sanctioned by the US for the mass execution of political…
Markets spooked as gold and oil prices rise following Israel attack on Iran
Oil prices rose on Friday morning with both Brent and US crude trading higher after Israel carried out a military attack on Iran. ADVERTISEMENTBoth oil…
What’s boosting the FTSE 100? London blue-chip index climbs above 8,000
In early trade on Tuesday 2 April, the FTSE 100 index in the UK broke through the 8,000 level, setting a new record at 8,015.60.…