Oil prices fell in early Asian trade, on a possible technical correction after settling higher on Tuesday.
CME Group plans to launch futures that would let investors bet on the price of computing power.
Have you heard about the NACHO Trade? Many market watchers are now well acquainted with the almost weekly appearance of the TACO Trade – the Trump Always Chickens Out Trade.
The U.S. Department of Energy's statistical arm on Tuesday said it assumes that the Strait of Hormuz will be effectively shut through late May and traffic will resume gradually from next month, prompting the agency to hike its forecasts for U.S. motor fuel prices.
The oil markets continue to move on the latest fear-driven headlines coming out of the Middle East.
U.S. President Donald Trump said the ceasefire with Iran is "on life support" after rejecting Tehran's latest counterproposal to end the war. CNBC's Dan Murphy has the latest from Abu Dhabi.
Oil rose on continued uncertainty that a peace deal will be agreed to any time soon between the U.S. and Iran, after U.S. indexes hit new highs again Monday on rising energy and AI stocks.
Oil and gas giants benefited significantly from their trading desks through the first quarter. These units are specialized divisions that buy, sell and transport physical oil and gas while managing price risks.
Brent and WTI remain supported by tight supply and Middle East risk, with key technical levels signaling a possible breakout if tensions persist.
Oil prices rose in early Asian trade on Tuesday as negotiations to end the war between the United States and Iran appeared fragile, with Tehran's response to a U.S. proposal highlighting stark differences that kept supply concerns alive.
Oil edged higher in early trade as markets weigh the prospects of a prolonged closure of the Strait of Hormuz,
President Donald Trump said the ceasefire with Iran was on "life support," after rejecting Tehran's latest proposal to end the war. Trump told reporters that the state of the ceasefire is "unbelievably weak," calling Iran's suggestions to end the conflict "garbage.