New US Sanctions Boost Oil Prices
Oil prices maintained their gains during Thursday's trading (August 20) after US President Donald Trump threatened to impose harsher new…
Oil Extends Five-Day Rally as Trump Intensifies Economic Pressure on Iran
20), extending gains for a fifth consecutive session after US President Donald Trump announced a new package of measures aimed…
Oil Holds Four-Day Advance as Trump Takes Aim at Iran’s Economy
This will be an ECONOMIC D-DAY, and we need all of our Allies to stand with the United States.” Any…
Oil Rises Over 1% as Middle East Crisis Pushes Prices Near Peak
Brent crude climbed approximately 1.3% to US$92.21 per barrel, while WTI rose about 1.8% to US$86.45 per barrel.
Oil Holds Steady; Hormuz Tensions and Tight Supply Keep Prices High
Oil prices fluctuated during Wednesday's trading (Aug 19) as the market weighed the risk of escalation in the Middle East…
Supply Concerns Push Brent to 3-Week High
The rally was driven by ongoing uncertainty regarding shipping activity through the Strait of Hormuz.
Oil Rallies for 4th Session Amid Supply Disruption Fears
Both benchmarks are currently hovering near three-week highs, underpinned by concerns that US-Iran tensions could keep internasional supplies tight in…
Oil Rises for Fourth Day; US-Iaran Standoff Persists
This situation leaves the status of the Strait of Hormuz in limbo, with Iran and the United States holding conflicting…
Gold Stagnates at US$4,330; US Yields and Hormuz Tensions Weigh on Price
The yield on the 30-year US Treasury bond even hit a nearly two-decade high, making interest-bearing assets like bonds more…
Oil Rises for Fourth Day; US-Iran Standoff Keeps Prices Elevated
Oil prices strengthened for the fourth consecutive day in Wednesday's trading , as there were no signs of progress toward…