Crude oil prices fell more than 1% at the beginning of the week. At the top of the day, prices were under pressure as the focus continued on progress in ceasefire talks between Israel and Hamas. Additionally, rising expectations of a prolonged hike in US interest rates weighed on the
The forex news for the day is in. The US session is looking quite promising and it picking up the pace for the market. So what’s next for the Forex market? Let’s get started with all the fun details! Dollar Index Buy Around 104.90 Downside Targets Looks 105.28 – 105.70
Crude halted its gains and fell nearly half a percent yesterday. Because the effects of the Federal Reserve’s restrictive policies outweighed the supply problems of geopolitical unrest. Hot US inflation data has led markets to expect higher interest rates from the Federal Reserve this year, which would weigh on the
The price of crude oil rose yesterday for the second time in a row to the highest level in several months. Prices continued to rise as traders assessed how Ukraine’s recent attacks on Russian refineries would affect global oil supplies. The global Brent crude benchmark is at its highest since
The price of oil rose by more than two percent yesterday. This was yesterday’s biggest intraday gain since March 1, 2024. A surprise drops in US crude inventories, a larger-than-expected drop in US gasoline inventories and possible temporary disruptions after Ukraine’s attacks on Russian refineries led to aggressive buying soon.
As per the latest crude oil news it rose more than 2 percent on Monday as traders weighed the impact of wars in the Middle East and Ukraine and extreme cold weather in North America on supplies against a build-up in the United States Stock market increase in demand. Israel’s
Crude oil was weighed down by growth in China, the world’s 039th largest user of crude oil, slightly missing expectations, raising concerns about future demand growth and the strength of the U.S. a dollar weakened investors appetite for risk. Prices rose slightly yesterday as investors saw weakening US fundamentals, but
The latest crude oil news is in. The price of crude oil rose by more than one percent today. Prices rose sharply after US-led forces launched airstrikes in Yemen against the Iran-backed Houthi group, raising concerns about supply disruptions in the Middle East. The US military launched airstrikes against several
Crude oil fell more than one percent in the first trading session of 2024, as interest rate expectations fell and worries that tensions in the Red Sea could disrupt supplies, weighted on the sentiment. More active Brent crude futures for March delivered 1.47% to $75.91. MCX crude fell 1.39% to
The price of crude oil was up more than two and a half percent, which was the highest in almost a month. Oil prices have continued to rise since the middle of the month, supported by the Middle East dispute and investor optimism that the US Federal Reserve will soon
