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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.
The Environmental Protection Agency has told staff overseeing the country’s industrialized Midwest– a region plagued by a ...
Investors grew optimistic about a quick de-escalation in the Israel-Iran conflict on Monday, reversing course after a tough ...
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 ...
Oil prices fell $1 per barrel on Monday in volatile trading after reports that Iran is seeking an end to hostilities with ...
Importantly, this shift in positioning occurred before last Friday’s dramatic escalation in the Middle East, when Israel ...
With the exception of Russia’s invasion of Ukraine, big swings in oil have been driven by broader geoeconomic trends ...
The importance of oil and gas can't be underestimated at times when conflicts occur, something that was currently being seen, ...
Energy prices have jumped since the onset of clashes between Israel and Iran. Investors worry the conflict could have a big ...
Oil prices have risen in response to the Israel-Iran war, bringing them nearly back to the levels where they traded before ...
U.S. stocks closed higher on Monday, as oil prices retreated after the Israel-Iran attacks left crude production and exports ...
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