Oil steadied on Friday following an earlier price spike of more than $3 a barrel after Iran played down a reported Israeli attacks on its soil, in a sign that an escalation of hostilities in the Middle East might be avoided.
Global oil and gold prices have jumped, while shares have slumped after US officials said an Israeli missile had struck Iran. In Asia trade on Friday morning, Brent crude rose by more than 3% to around $90 a barrel,
Oil slipped on Friday following an earlier price spike of more than $3 after Iran played down reported Israeli attacks on its soil, in a sign that an escalation of hostilities in the Middle East might be avoided.
Oil slipped on Friday after prices spiked earlier on reports that Israel had attacked Iran as market fears of a major escalation to hostilities in the Mideast appeared to ease. After the benchmark contracts jumped more than $3 in the session,
Israel retaliated overnight against Iran’s drone and missile attack on its territory, prompting investors to dump stocks and snap up oil, gold and government bond
Oil prices jumped overnight after explosions were reported near the Iranian city of Isfahan, but those gains dissipated Friday as officials sought to play down the latest escalation in Middle East tensions.
Oil steadied on Friday after prices spiked earlier on reports that Israel had attacked Iran, as market fears of a major escalation to hostilities in the Mideast appeared to ease and a build-up of global oil stocks weighed.
Gold briefly came close to a record high before settling below $2,400 an ounce. There are concerns a worsening conflict in the Middle East could disrupt oil supplies. Investors have been closely watching Israel’s reaction to Iran's direct drone and missile attack last weekend.
Oil prices jumped on Friday as reports that Israel had attacked Iran roiled markets and sparked concerns that Middle East oil supply could be disrupted. The benchmark contracts surged more than $3 before easing slightly.
Crude-oil prices continued to soften for a fourth straight day Thursday, with futures falling to their lowest level in three weeks. The pullback in prices is a sign that traders are shifting their foc
Oil and gold prices have jumped after US officials said an Israeli missile had struck Iran. Brent crude, the international benchmark, rose by 1.8% to $88 a barrel while gold briefly came close to a record high before falling back to nearly $2,
Oil and gold prices rose and Japan's yen rallied on Friday on reports Israeli missiles have hit a site in Iran. Iran's Fars news agency said explosions were heard at an airport in the Iranian city of Isfahan but the cause was not immediately known.
Saudi Arabia will need a higher oil price than previously thought this year as the OPEC+ leader spearheads the group’s production cuts, according to the International Monetary Fund.
That was fast. It looks like the S&P 500 has once again blown its opening gains, with the index now down nearly 4 points, or 0.1%, at 5,019. The Nasdaq Composite has also jerked lower after wavering between marginal gains and losses after the open.
Oil prices were little changed after a 3% drop in the previous session as the market remains concerned about demand this year and on signs that a wider conflict in the key Middle East producing region could be avoided.
Oil settled slightly higher on Friday, but posted a weekly decline, after Iran played down a reported Israeli attack on its soil, a sign that an escalation of hostilities in the Middle East might be avoided.
Oil prices fell on Friday after Israel’s retaliatory strikes against Iran provoked a shortlived spike, in a sign of investors’ confidence that the action will not escalate into a broader conflict in the Middle East.
U.S. stock futures were little changed in premarket trading on Friday as oil prices retreated from an overnight spike following Israel's retaliatory attack on Iran.
STORY: Oil steadied on Friday (April 19) after prices spiked earlier on reports that Israel had attacked Iran. Market fears of a major escalation to hostilities in the Mideast appeared to ease.Oil prices initially jumped on concerns the Middle East oil supply could be disrupted.
Crude prices jumped after Israel’s retaliatory strike on Iran, before retreating as reports suggested that the attack had been calibrated to avoid a spiraling conflict. Brent crude futures leaped more than 4% amid concerns about disruptions to Middle Eastern oil supplies,
Oil prices briefly surged and stock markets slid Friday on reports Israel had carried out retaliatory strikes against Iran, boosting investments deemed safer such as gold.
Petroleum prices have fallen following Iran's missile and drone assault on Israel, confounding expectations that the escalation of the shadow war would cause them to rise.
Israel’s missile strikes against Iran overnight seem fairly limited, pointing to a de-escalation of conflict that is expected to diminish the oil market’s geopolitical risk premium in the short term,
Oil prices held firm on Friday, after rising more than $3/bbl in the wake of reports that Israel had attacked Iran, while gold prices headed for their biggest streak of weekly gains in a year, supported by a softer dollar and safe-haven buying.
Oil prices surged more than three percent in early Asian trade on Friday following unconfirmed reports of explosions in Iran, Syria and Iraq, sparking fears of an escalation of the Middle East crisis.
Tensions in the Middle East have escalated following Irans weekend missile and drone attacks on Israel, heightening concerns of a wider conflict. As with the Russian invasion of Ukraine, further conflict has
Crude oil futures fluctuate in an indecisive session following three days of declines, as traders appear to keep the geopolitical risk premium on hold. Despite the oil price drop since Iran's attack on Israel last weekend,
The technical picture remains bearish, although natural gas managed to stay above the support at $1.60 – $1.65. WTI oil pulled back from session highs as traders evaluated Israel’s strikes on Iran. According to recent reports,
Crude oil futures turn negative as limited nature of Israel's reported attack on Iran calms market fears, easing concerns of a major Middle East conflict.
Oil prices were edging lower as traders discount risks of a broader war in the Middle East, while a fourth straight weekly build in U.S. crude inventories and prospects of higher-for-longer interest rates weigh on sentiment.
The oil market continues to be supported by ongoing tensions in the Middle East. The lack of price action following recent escalation has been surprising but suggests there already is a large risk premium priced into the market.