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Oil Prices Fall as Trump Announces Ceasefire in Middle East
Oil extended a slump as President Donald Trump announced a tentative ceasefire between Iran and Israel. Global benchmark Brent tumbled almost 5% toward $68 a barrel in early Asian trading, before paring some of that drop.
Oil and Natural Gas Technical Analysis: Oil Drops After Trump Announces Iran-Israel Ceasefire
WTI crude oil shows strong volatility between $65 and $80 amid supply disruption risks, while natural gas remains in a bullish trend above $3.
US crude oil futures fall over $3 as Trump announces Israel-Iran ceasefire
U.S. crude futures fell on Tuesday to their lowest level in more than a week as U.S. President Donald Trump said a ceasefire has been agreed between Iran and Israel, relieving worries of supply disruption in the area.
The Middle East Is in Turmoil. U.S. Frackers See No Reason to Pump More Oil.
Well-supplied markets and weakening demand for crude concern American drillers.
Shipping costs through the Strait of Hormuz are rising — even as oil prices are dropping. So what happens if Iran closes the waterway?
Tanker operators in the Strait of Hormuz are facing higher shipping and insurance costs, despite a drop in oil prices, as investors wait to see what happens to the world's most important crude chokepoint after the U.S. bombing of Iran's nuclear sites.
Stocks Rise and Oil Recedes After Iran's Retaliation Avoids Energy Infrastructure
Energy was the worst-performing sector of the S&P 500, which rose 1%. U.S. oil futures fell 7.2%.
Why oil plunged — and stocks rallied — after Iran's ‘symbolic' missile attack on Qatar
There may have been more to Iran's telegraphed attack on a U.S. base in Qatar than meets the eye, strategists say.
Oil prices sink after Iranian strike on US airbase reduces fears of market disruption
Crude oil prices dropped by 7% on hopes that the conflict would not immediately disrupt region's oil supplies
Oil Seems Resilient. Why Energy Markets Should Still Be On Edge.
The energy market is undergoing a live stress test, Carolyn Kissane writes.
Oil Plunges as Iran Retaliates for US Missile Strikes
Oil plunged by more than 7% as Iran's response to US military strikes spared energy infrastructure, allaying investor concerns that the conflict would severely disrupt supplies from the Middle East. Alix Steel reports on Balance of Power.
How oil prices are faring after U.S. strikes on Iranian nuclear sites
Global markets appeared to take the U.S. strike against nuclear targets in Iran in stride as investors watched Monday to see how Iran will react.The price of oil initially jumped more than 2%, fell and then regained about half that much. U.S. stock futures edged lower and share benchmarks in Europe and Asia also were mostly lower.The attacks on three Iranian sites raised the stakes in the war between Israel and Iran and left questions about what remains of Tehran's nuclear program.
China Is Top Buyer of Iran Oil. Why Other Economies Are More at Risk.
Beijing said following the U.S. attacks on Iran that it is seeking negotiations to end the fighting.
