Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Oct 05, 2024, 6:00 PM CDT Whereas the latest oil price rally comes as a boon for long-suffering oil bulls, countries that rely heavily on Middle Eastern energy imports are by no […]
Israel-Iran Showdown Threatens India’s Energy Security 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 – Oct 05, 2024, 6:00 PM CDT Oil prices have risen due to escalating tensions between Israel and Iran, with fears that the conflict could
Markets Brace for Middle East Oil Supply Shock Read More »
Synopsis Suspense is mounting as Israel prepares a significant response to Iran’s missile barrage, with speculation that October 7 may mark the attack. Israel is considering targeting Iran’s oil infrastructure, such as Kharg Island, which could lead to a $20 spike in oil prices, according to Goldman Sachs. Reuters If Israel targets oil facilities of
This Iranian island could be the target of Israel’s attack Read More »
Oil rigs Goldman Sachs expects a rise in global oil prices next year if Israel launches a retaliatory attack on Iran targeting production facilities. Daan Struyven, co-head of Global Commodities Research at Goldman Sachs, said that estimates show if there is a sustained reduction in Iranian production by one million barrels per day, oil prices
Oil forecast to rise $20 if Iran faces Israeli attack: Goldman Sachs Read More »
Welcome to your five-minute recap of the trading day. The numbers The Australian sharemarket has finished the week in the red, weighed down by the mining and technology stocks, as investors keep a watchful eye on the growing conflict in the Middle East and the latest monthly jobs data out of the US. The S&P/ASX
ASX closes in red as Biden comment sparks oil price surge Read More »
Asian stocks and bonds traded in tight ranges ahead of US jobs data that will identify the path ahead for interest rates, while oil prices calmed after soaring on Thursday on heightened Middle East tensions… https://www.dailymaverick.co.za/article/2024-10-04-oil-rally-stalls-investors-shift-focus-to-us-jobs-markets-wrap/
Business Maverick: Oil rally stalls, investors shift focus to US jobs: markets wrap Read More »
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Citi Predicts Reforms Could Shield Nigeria’s Naira From Oil Price Decline Read More »
Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Sep 30, 2024, 4:00 PM CDT Escalation in the Middle East is likely to intensify following the elimination of Hezbollah
What Next For Israel, The Middle East, And Oil Prices? Read More »
We use cookies and data to Deliver and maintain Google services Track outages and protect against spam, fraud, and abuse Measure audience engagement and site statistics to understand how our services are used and enhance the quality of those services If you choose to “Accept all,” we will also use cookies and data to Develop
Billionaire Dangote on Nigeria’s Fuel Subsidy, Oil Prices, Soccer Read More »
Oil drilling rigs Oil prices fell on Friday but are on track to post weekly gains after the US Federal Reserve’s interest rate cuts boosted the outlook for global economic activity and, consequently, demand for crude oil. Futures for benchmark Brent crude for November delivery dropped 0.29% to $74.66 a barrel at 08:16 am KSA
Oil declines but bound for weekly rise Read More »
