Israel-Iran conflict: An Israeli military official has confirmed the attack, saying that it has targeted “dozens” of sites across Iran, Reuters reported.
Crude Oil Prices
Brent Crude Oil Falls to 8-Month Low
Brent crude futures fell to below the $75.9 per barrel mark on Tuesday, the lowest since mid-December 2023, as expectations of muted demand magnified the impact of relatively ample supply. A batch of new data from China exacerbated concerns that economic growth from one of the world’s largest oil consumers is unlikely to bounce back this year, with key gauges of domestic factory demand dropping more than expected in August.
Crude Oil sits 2% lower after China data fuels demand concerns amid US Fed rate cut hopes; Brent slips below $80/bbl
Global crude oil prices settled down nearly two per cent in the previous session, with Brent crude below $80 a barrel, as investors tempered expectations of demand growth from top oil importer China. Crude oil prices were little changed on the week after Wall Street lifted US Fed’s interest rate cut bets.
Crude Oil Prices Today: भू-राजनीतिक जोखिमों और वैश्विक ऊर्जा मांग में मजबूती के कारण कच्चे तेल की कीमतें मजबूत बनी हुई हैं
Crude Oil Prices Today: कच्चे तेल और गैसोलीन की कीमतें आज सुबह मामूली रूप से अधिक हैं, कच्चा तेल 5-1/4 महीने के उच्चतम स्तर पर और गैसोलीन 2 सप्ताह के उच्चतम स्तर पर है। आज कमजोर डॉलर ऊर्जा कीमतों के लिए सहायक है। कच्चे तेल की कीमतें (Crude Oil Prices) इस चिंता के कारण भी बढ़ रही हैं कि मध्य पूर्व में भू-राजनीतिक जोखिम बढ़ने से क्षेत्र से कच्चे तेल की आपूर्ति बाधित हो सकती है। इसके अलावा, उम्मीद से बेहतर वैश्विक आर्थिक खबरें ऊर्जा मांग और कच्चे तेल की कीमतों के लिए सकारात्मक हैं।
Crude oil price opens the week lower on concerns global trade may be impacted by geopolitical wrangling at G7 summit
WTI Oil is in a long-term downtrend, making successive lower lows. Given the old adage that the trend is your friend, this favors short positions over long positions.
Crude oil price likely to reach $102 per bbl in 2023
Crude Oil prices could see better 2023 than 2022. We believe the price will sustain above $90 as money managers have increased their long position after Brent breached $80 on the back of expectation of increased oil demand from China and rest of the world.
Crude Oil Prices are Juggling Below 61.8% Fibo Retracement at $87
West Texas Intermediate (WTI), futures on NYMEX, has demolished the firmer rebound move, recorded on Monday. The black gold picked significant bids below $82.00 and moved higher, however, the pullback move concluded sooner and the asset resumed its downside journey. The oil prices are hovering around $83.00 and are expected to surrender the same.
MCX Crude Oil 1st Target Hit High 7715, Profit 40,000 in 2 Lots
Crude Oil prices were mixed on Monday as investors balanced expectations the OPEC will cut output to support prices against concerns sparked by Federal Reserve Chairman Jerome Powell saying the United States will face slow growth “for some time”.
Crude Oil Extends Gains After US Exports Jump Amid Tightening Supply
Crude Oil price forecast: Crudeoil rose for a third session after a government report showed the US shipped a record amount of crude and refined products overseas as energy-starved economies scramble for supplies.
Crude Oil prices Slip, Taking a Breather From Massive Surge
Crude Oil prices fell on Tuesday, taking a breather after surging more than $5 a barrel in the previous session as a plunging dollar supported buying interest and on expectations the U.S. Federal Reserve’s interest rate hike may be less than thought.