Stocks Fall, but Tech Shares Steady After Selloff; Oil Hits Highest in Nearly Six Months
7 Articles
7 Articles
Brent crude hits $116, highest in 5 months: What is driving the rally and what comes next?
Brent crude oil prices surged to $116 a barrel, the highest in nearly six months, amid fears of US-Iran conflict escalation and attacks on Saudi energy infrastructure disrupting global oil supplies.
Stocks fall, but tech shares steady after selloff; oil hits highest in nearly six months
NEW YORK/LONDON, Oct 23 : Major stock indexes ended lower on Friday even as tech shares mostly steadied, while Brent crude oil rose to its highest level in nearly six months after Houthi attacks in Saudi Arabia.The Nasdaq eased. European shares also ended lower.An index of semiconductors rose 0.4 per c
Oil prices continued to rise on Friday, with the Brent rising at a higher level since the end of April, while investors are worried about a further escalation of tensions between the United States and Iran. The price of the Brent barrel of the North Sea, for delivery in December, rose from 3.14% to [...]
Oil rises with tension in the Gulf; Brent advances 3.13% to $116.72 and WTI gains 3.82%, at Brent's highest level since April
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