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Oil prices plummeted after President Trump called off a military strike on Iran, opting for diplomacy to de-escalate Middle East tensions. Opec+ also announced a production quota increase, adding dow…
Crude oil prices crashed over 6% on Monday as geopolitical tensions eased following President Trump's decision to cancel military strikes against Iran and pursue diplomacy. Additional downward pressu…
OPEC+ set to raise September output quotas by 188,000 bpd, but actual production keeps falling due to Hormuz and Red Sea shipping disruptions. Brent topped $100 after Houthi tanker attacks, highlight…
WTI crude fell 0.41% amid a stronger dollar and Trump's Iran peace diplomacy, though losses were limited by Strait of Hormuz closure and global supply tightness.
WTI crude closed slightly higher Thursday amid US-Iran tensions and Strait of Hormuz closure, but gains limited by strong dollar and OPEC+ production increase plans. Global oil markets remain undersu…
U.S. government shutdown risks weakened the dollar, boosting gold to records and lifting equities; oil fell on OPEC+ supply hopes. Key U.S. jobs data may be delayed, increasing Fed-rate uncertainty a…
US government shutdown risks weaken the dollar, lifting EURUSD and other currencies while gold hits record highs and oil falls on expected OPEC+ production increases.
Markets wobble as U.S. shutdown risk weakens the dollar, lifting gold and euros while oil falls on expected OPEC+ production increases and mixed global data.
US government shutdown fears weakened the dollar, lifting EURUSD to about $1.1742; gold hit record highs while oil fell on expected OPEC+ output and China's manufacturing contracted for a sixth month…
US government shutdown risk could delay key jobs data, pressuring the dollar; EURUSD was little changed near 1.1723. Gold hit record highs while oil fell on expected OPEC+ supply increases; China's m…