A combination of the flare-up between US and Iran, and the subsequent impact on bond yields and crude oil prices, coupled with fears of the US Fed hiking interest rates this month kept sentiments subdued on Wall Street on Monday. 3 Min Read Benchmark indices on Wall Street began the new trading week on a
Dow Jones falls 370 points on Monday Read More »
Oil prices fell 2% as Iran and Oman resumed talks on a temporary Strait of Hormuz shipping corridor. The post Oil Falls Near 3% as Iran, Oman Restart Hormuz Corridor Talks appeared first on BeInCrypto… https://beincrypto.com/oil-falls-iran-oman-hormuz-talks/
Oil Falls Near 3% as Iran, Oman Restart Hormuz Corridor Talks Read More »
Monday 03 August 2026 2:21 pm Trump and Iran have clashed over negotiations claims. (Image: PA) The price of oil has drifted lower after Donald Trump called off strikes on Iran but progress towards a finalised peace deal continues to stall as the President clashes with Iran’s leadership. Brent crude – the international benchmark for
Oil price falls but Trump and Iran clash on negotiations claim Read More »
Gold prices settled lower on Friday as a stronger US dollar and rising oil prices weighed on the precious metal. However, gold posted its first monthly gain since February, supported by easing US inflation and reduced expectations of further monetary tightening. Geopolitical uncertainty continued to shape investor sentiment at the end of the week after
Gold falls, posts first monthly gain since February Read More »
Oil drilling rigs Oil prices deepened their losses during trading today, July 27, following a halt in the tit-for-tat military strikes between the US and Iran after two weeks of escalating confrontations, boosting market hopes for a diplomatic solution to the crisis. ING analysts said in a note to clients that oil prices dropped in
Oil falls 7%, Brent crude slips below $90 Read More »
Home Market News Dow Jones falls nearly 600 points from highs on Monday courtesy two potential factors Fears of higher oil prices and inflation worries took the US 10-year bond yield back to the 4.6% mark, while the US Dollar index is back at the 101 level. This also prompted the US markets to give
Dow Jones falls nearly 600 points from highs on Monday courtesy two potential factors Read More »
Bitcoin slipped below $63,000 as renewed fighting between the United States and Iran pushed oil prices higher, drove bond yields up, and revived concern that an extended disruption in the Strait of Hormuz could keep inflation elevated. Data from CryptoSlate shows the largest cryptocurrency traded near $62,940, down about 1.4% over 24 hours. Other leading
Oil prices fell by more than 1% on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the Strait of Hormuz are recovering, potentially adding to global supplies. Brent crude futures fell $1.02, or 1.41%, to $71.10 a barrel at 0756 GMT after settling 0.45% higher
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Global crude oil prices have declined to the $70 per barrel mark, raising fresh expectations among Nigerians that domestic petrol prices could soon be reviewed downward. The downward slide in crude prices continued on Thursday morning as the benchmark Brent crude slipped to $70 from $71 per barrel it closed on Wednesday. However, despite the
Crude Falls to $70 but Nigerian Marketers maintain N1,200 pump Price Read More »
Oil drilling rigs Oil prices fell on Friday and were on track to post weekly losses of nearly 8% as supply concerns eased after several oil tankers stranded in the Strait of Hormuz resumed their voyages, offsetting the impact of an attack on a cargo ship off the coast of Oman. Benchmark crude futures had
Oil falls, heads for weekly loss of nearly 8% as supply concerns ease Read More »
