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Oil Prices Drop, but Iran-Israel Conflict Raises Many Risks
The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude remains below the $80 average for 2024, the Deutsche Bank analysts wrote. The market continued to waver, though, and by Monday, oil prices had fallen about 3 percent.
Oil prices fall $1 per barrel on reports Iran seeks truce with Israel
Oil prices fell $1 per barrel on Monday in volatile trading after reports that Iran is seeking an end to hostilities with Israel, raising the possibility of a truce and easing fears of a disruption to crude supplies from the region.
When the conflict began on June 13, it led to a significant surge in oil prices. But come June 17, and all gains have been ...
Oil prices have risen in response to the Israel-Iran war, bringing them nearly back to the levels where they traded before ...
Oil prices are surging again. Over the past few weeks, crude has jumped more than 10% on the back of intensifying Middle East ...
The Environmental Protection Agency has told staff overseeing the country’s industrialized Midwest– a region plagued by a ...
Importantly, this shift in positioning occurred before last Friday’s dramatic escalation in the Middle East, when Israel ...
Shell Plc’s former head of oil trading in the US was stiffed on his 2020 bonus by more than $29 million, he claims in a ...
Norwegian workers employed on offshore drilling rigs will go on strike on June 21 if annual wage talks with employers fail, ...
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