Natural gas and oil prices stall as OPEC+ output rises, testing support levels while traders eye inventory data and geopolitical risks.
Takahiro Yamamoto, President & CEO of Taiyo Oil says oil price increase and supply disruption could have material impact on its business given 30-40% of its crude import comes from the Middle East region.
Oil prices have climbed steadily since tensions have increased. Transcript: Oil prices continue to rise amid escalating conflict in the Middle East.
Crude oil rises as Iran-Israel conflict and Fed policy drive sentiment; traders await a breakout catalyst.
Chinese refineries have become hooked on cheap imports of sanctioned Iranian crude.
WTI crude oil surged to $77 and broke above the 200-day SMA amid the Iran-Israel conflict, while natural gas is building positive momentum above $3.
Global production is well placed to cope with Iranian disruption.
Catalysts anchor Brad Smith breaks down the latest market movers for June 16, 2025. Brad speaks to StockBrokers.com director of investor research Jessica Inskip about risks to markets and the next key catalysts for a market rally.
Wall Street stocks were called higher at the start of the week, while oil and gold prices fell as markets revised their views on the potential fallout from the Israel-Iran conflict, which continued to rumble over the weekend. Futures for the S&P 500 and Nasdaq 100 were up 0.5% ahead of Monday's opening bell, with Dow Jones futures up 0.4%.
Trump tariffs, the China slowdown, and the Iran-Israel conflict have triggered strong volatility in the oil market, pushing WTI crude oil above $75.
Crude oil prices dip as Israel-Iran conflict spares supply lines; traders monitor Strait of Hormuz and OPEC output for further oil outlook clues.
DAX forecast pressured by war-driven risk aversion, tariff concerns, and data risks. Market sentiment hinges on geopolitical and economic signals.