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Category OIL

Asian markets hit a three-year high on Friday as USD dropped to multi-year lows

Asian markets hit a three-year high on Friday as USD dropped to multi-year lows

Asian shares climbed on Friday to their highest level in more than three years, following strong gains on Wall Street. At the same time, the dollar...
Traders diffused oil prices at the height of Israel-Iran war causing Brent crude to drop

Traders diffused oil prices at the height of Israel-Iran war causing Brent crude to drop

Oil traders reacted instantly on Monday when Iran fired missiles at a U.S. military base in Qatar, selling off crude instead of pushing prices up. ...
Oil prices rose while Asian markets steadied as a fragile ceasefire between Iran and Israel eased fears

Oil prices rose while Asian markets steadied as a fragile ceasefire between Iran and Israel eased fears

Oil prices edged higher on Wednesday as traders weighed the likelihood of a new ceasefire between Iran and Israel holding firm. At the same time, A...
Oil Markets on Knife-Edge With Brent Poised for Violent Breakout Amid War Fears

Oil Markets on Knife-Edge With Brent Poised for Violent Breakout Amid War Fears

A top economist warns explosive energy price swings from escalating Middle East tensions are inflaming inflation risks, driving investor panic, and...
Mideast on the Brink: Analyst Says Geopolitical Escalation Could Propel Bitcoin to New Highs

Mideast on the Brink: Analyst Says Geopolitical Escalation Could Propel Bitcoin to New Highs

Tensions in the Middle East escalated after a top Iranian military commander threatened to directly attack U.S. interests. However, an analyst at B...