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Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.
Oil futures surged to a five-month high Monday morning after the U.S. struck Iranian nuclear facilities over the weekend but ...
West Texas Intermediate (WTI) Oil price extends its losses for the second successive day, trading around $66.30 during the ...
Brent crude rose about 1 per cent to near US$68 a barrel, after slumping 13 per cent over the past two days, while West Texas Intermediate was above US$65.
Stocks rose Monday, with oil prices declining, following a restrained response by Iran to U.S. attacks over the weekend.
The market’s biggest concern is that Iran could disrupt flows through the Strait of Hormuz—a vital artery for about a quarter ...
A relief rally is underway on Wall Street with stocks surging, as oil falls below the $65 per barrel level and gold prices retreat amid a de-escalation between Iran-Israel. Still, President Trump ...
"Russia could emerge as a beneficiary if Iran were to close the Strait of Hormuz," said Nikos Tzabouras, analyst at Tradu.
Major equity indices, which had been hovering near all-time highs, pulled back as geopolitical risks surged back to the ...
Aegis Hedging, which handles hedging for roughly 25-30% of U.S. output, according to internal estimates, saw a record volume ...
North Dakota oil production fell slightly in April, but gas production continued to grow, according to the state's top oil ...
The West Texas Intermediate for August delivery gained 55 cents, or 0.85 percent, to settle at 64.92 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for August delivery went up ...