Oil Markets Refocus on Geopolitical Risk

Oil Markets Refocus on Geopolitical Risk

Oil markets are refocusing on geopolitical risk after the Israel-Hamas ceasefire broke down and the United States engaged the Houthis in Yemen.- Beijing has unveiled a $41 billion government subsidy program to prompt buyers to replace old consumer goods with new products, boosting retail sales, as well as allocating $27 billion to subsidize equipment upgrades.- Chinese refiners managed to keep run rates high despite a 26-month import low in Janu…

Oil: Downward Pressure and Volatility Due to Inventories and Geopolitical Tensions

Market Analysis by Quasar Elizundia, Expert Research Strategist at Pepperstone – March 19, 2025 –  “The oil market has experienced volatility in recent days, facing conflicting forces that keep traders under uncertainty. West Texas Intermediate (WTI) futures are trading around $67 per barrel, following an unexpected increase in [...] The post Oil: Downward Pressure and Volatility Due to Inventories and Geopolitical Tensions appeared first on Bus…

How Low Can Crude Oil Go?

Brent and WTI crude oil futures prices reached new 2025 lows in March. The trend remains bearish, and economic and geopolitical events point to even lower prices as the energy commodity approaches the critical technical support level.

Oil Up 1% on Mideast Risks, China Stimulus - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – Oil prices rose more than 1% on Tuesday to their highest levels since the beginning of the month, supported by instability in the Middle East and China’s plans for more economic stimulus. Brent futures climbed 84 cents, or 1.2%, to $71.91 a barrel by 0911 GMT, while U.S. West Texas Intermediate crude futures ...

Oil gains on Mideast risks, China stimulus plan and data

Oil gains on Mideast risks, China stimulus plan and dataOil prices rose slightly due to Middle East instability and China's stimulus. The post Oil gains on Mideast risks, China stimulus plan and data first appeared on The Dispatch.

Oil up 1% on Mideast risks, China stimulus

LONDON: Oil prices rose more than 1% on Tuesday to their highest levels since the beginning of the month, supported...