US EditionOil Jumps 2% on Fed Easing Signals, Ukraine Drone Strikes
11 Articles
11 Articles
Oil Jumps 2% on Fed Easing Signals, Ukraine Drone Strikes
Crude prices moved higher in early Monday trade, with macro tailwinds from a more dovish U.S. Federal Reserve and fresh supply jitters after Ukrainian drone attacks on Russian energy infrastructure. The U.S. Benchmark, West Texas Intermediate (WTI), climbed to its highest in three weeks, while Brent crude has pushed above $68 per barrel as traders priced a possible September rate cut following Jerome Powell’s remarks last week. By 12:17 pm ET, …
Oil prices rose today on international markets due to supply concerns after Ukraine stepped up its attacks on Russia, fueling fears of possible disruptions in Russian oil supplies, agencies reported.
Oil Prices Retreat After Ukraine Strikes Russian Energy Infrastructure
News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/oil-prices-retreat-after-ukraine-strikes-russian-energy-infrastructure/Brent crude fell on Tuesday following a sharp rally that pushed prices to three-week highs, offering temporary relief to oil-importing African nations including Ghana that have struggled with elevated fuel costs. The retreat came after Ukrainian drone strikes on Russian refineries …
Crude oil opens to the upside amid geopolitical uncertainty - London Business News
Crude oil opened the week to the upside, following intensified Ukrainian attacks on Russian infrastructure. However, the upside in crude prices is tempered by US Vice President JD Vance’s remark… The post Crude oil opens to the upside amid geopolitical uncertainty appeared first on London Business News
On the London market, the price of a barrel of crude oil reached $68.16 this afternoon.
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