May WTI crude oil (CLK24) on Tuesday closed down -0.05 (-0.06%), and May RBOB gasoline (RBK24) closed up +3.84 (+1.38%). Crude and gasoline prices on Tuesday settled mixed. Tuesday’s rally in the dollar index (DXY00) to a 5-1/2 month high weighed on energy prices. However, losses in crude were limited by Middle Eastern geopolitical risks […]
Crude Prices End Slightly Lower on Dollar Strength Read More »
Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – Apr 16, 2024, 7:00 PM CDT Uncertainty over a potential Israeli retaliation keeps oil markets on edge. In case of further escalation, $100 oil
Rising Middle East Risk Sparks Fear of $100 Oil Read More »
Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info By Julianne Geiger – Apr 16, 2024, 3:52 PM CDT Crude oil inventories in the United States rose this week by 4.09 million barrels for the week ending April 12, according
U.S. Crude Inventories Grow But Gasoline, Distillates Fall Read More »
Concern that global cocoa supplies will continue to shrink in the coming months is pushing prices to new record highs. Citi Research analysts predict that volatility in cocoa markets could see New York futures rise further to $12,500 a ton in the next three months. Prices in New York have gained for seven straight sessions,
Another week, another record high for cocoa prices Read More »
The parties have agreed that the transaction, which brings together TGI Fridays’ largest franchisee with the global franchisor, will result in existing Hostmore shareholders holding a 36% shareholding in the enlarged business upon completion. TGI Fridays shareholders will hold a 64% shareholding in the combined group, which will be renamed TGI Fridays plc. Under the
Hostmore set to acquire TGI Fridays’ US business Read More »
Oil and gas analysts were on Sunday unanimous in their projection that the global price of crude oil will rise further on Monday, above the $90 benchmark following Iran’s attack on Israel over the weekend. The analysts from Saxo Bank and UBS projected that Oil prices would spike if Israel retaliates against the attack from
Analysts fear Israel-Iran conflict will push up oil prices above $90 per barrel Read More »
USD/CAD retreats from the YTD peak, albeit the downside remains cushioned. Reduced Fed rate cut bets continue to act as a tailwind for the USD and the pair. Softer Crude Oil prices could undermine the Loonie and help limit the downside. The USD/CAD pair comes under some selling pressure on the first day of a
USD/CAD trades with modest losses, hold above mid-1.3700s amid softer Oil prices Read More »
(RTTNews) – Indian shares slumped on Monday, tracking weak cues from global markets as investors fretted about escalating tensions between Iran and Israel and its potential impact on crude oil prices, inflation and the likelihood of rate cuts. The benchmark S&P BSE Sensex was down 734 points, or 1 percent, at 73,510 while the broader
Sensex, Nifty Tumble On Weak Global Cues Read More »
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Oil prices fall after Iran attack as market draws down risk premium Read More »
[The stream is slated to start at 6:00 p.m. ET. Please refresh the page if you do not see a player above at that time.] CNBC’s Sunday evening special livestream will prepare investors for the big week ahead amid a stock market selloff, an escalating Iran-Israel conflict and spiking oil prices. Subscribe to CNBC on
