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Oil Prices Edge Lower as Investors Weigh US-Iran Strike Risks
Summary by The Hindu Business Line
6 Articles
6 Articles
Oil prices fall to $95.43 as traders weigh supply risks amid easing U.S.-Iran tensions
Oil prices edged lower on Thursday as investors assessed uncertainty surrounding renewed military strikes between the U.S. and Iran, which could threaten crude supplies from the Middle East. As of 4:05 GMT, Brent crude futures slipped 20 cents, or 0.21 percent, to $95.43 a barrel, while U.S. West Texas Intermediate (WTI) crude futures fell 3 […]
According to trade data, Brent crude futures fell 43 cents, or 0.45%, to US$95.20 per barrel.
Shipping restrictions in the Strait of Hormuz due to the war between the US and Iran, and conflicts in the Middle East, have increased volatility in oil prices. BBVA Research has presented two different scenarios for oil prices in the coming period.
Coverage Details
Total News Sources6
Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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