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Crude oil prices dropped over 2% as traders secured profits following a multi-week rally, awaiting details on expanded U.S. sanctions against Iran. The pullback weighed heavily on energy and oilfield…
Crude oil benchmarks are experiencing sharp declines, with UKOIL (Brent) tumbling 3.45% and USOIL (WTI) falling 2.05% amid widespread selling pressure.
Crude oil tumbled over 2% below $85 per barrel, ending a two-week rally as traders await details on US sanctions against Iran while tanker traffic through the Strait of Hormuz remains robust.
Crude oil prices slid nearly 2% alongside a slight pullback in U.S. Treasury yields during Asian trading. Market sentiment remains pressured as elevated yields and macroeconomic headwinds continue to…
Oil prices dropped over 5% as US and Iran halted attacks, easing geopolitical risk premium. WTI fell to $84.47 and Brent to $91.80 amid profit-taking, though shipping risks in Hormuz and Red Sea rema…
Brent crude rose slightly by 0.29% while WTI fell by 0.82%, showing divergent intraday price movements in the global oil market with no primary news catalyst.
WTI crude oil prices dropped sharply by over 3% following reports of a potential ceasefire between Israel and Lebanon. Optimism regarding a diplomatic thaw between the US and Iran, which could secure…