Oils Gains Almost 3% As Iran Warns U.S. To Stay Out Of Mid East Hostilities
Trump will take two weeks to decide whether to join Israeli campaign: File Image/Pixabay U.S. president Donald…
#Israel #News #bunker #bunkerfuel #bunkerindications #bunkernews #bunkerprices #bunkering #IranIslamicRepublicof #marinefuel #marinenews #OilMarkets #prices #shippingnews #USA
https://www.europesays.com/2177542/
The Israel-Iran conflict has taken a perilous new turn, with fears mounting that Tehran could choke off global oil supplies by blocking the Strait of Hormuz.
#IsraelIranConflict #OilMarkets #EnergyCrisis #Geopolitics #BreakingNews #GlobalCrisis
WTI crude futures climbed after former President Trump called for an evacuation of Tehran, sparking renewed geopolitical risk in oil markets.
#YonhapInfomax #WTIFutures #Trump #Tehran #OilMarkets #GeopoliticalRisk #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67806
Israel Attacks Iran: Oil Prices Spike, Will Iran Close the Strait of Hormuz? https://www.bocvip.com/906569/israel-attacks-iran-oil-prices-spike-will-iran-close-the-strait-of-hormuz/ #DaniBurger #gas #IsraelAttacksIran #Mining #NadiaMartinWiggen #oil #OilMarkets #OilPrices #U.S.Stocks
The global oil market is a quantum superposition of supply and demand, where OPEC's forecasts exist in a parallel reality to actual consumption data. Their 27% projection cut since July reveals the matrix glitch. #OilMarkets #OPEC
https://www.ndtvprofit.com/global-economics/opec-makes-deepest-cut-yet-to-2024-world-oil-demand-forecast
OilPrice.com: Oil Markets Remain Lackluster Despite Positive OPEC Meeting…
Oil prices fell on a day after OPEC+ delayed its planned output increase by three months to April 2025, and extended the full unwind of production cuts by a year until the end of 2026... oilprice.com #OPEC #oilprices #energy #oilmarkets
Oil prices are up for the week despite a slight drop today, driven by fears of Israeli retaliation against Iran and potential supply disruptions from Hurricane Milton. Brent at $79.08/bbl, WTI at $75.47/bbl. Libya’s oil output recovery and U.S. Fed policy uncertainty also play a role.
#OilMarkets #MiddleEast #WTICrude #BrentCrude #HurricaneMilton #Fed #MiddleEast #War
#Oil prices dipped on China demand concerns and trade tensions, set for weekly loss. Reduced U.S. inventories and Fed rate cut hopes provided some support. #OilPrices #ChinaDemand #TradeWar #OilMarkets
In response to Iran's missile and UAV attack, Jordan opens its airspace for Israeli defense, showcasing a rare Middle Eastern alliance.
The attack, mostly thwarted, raises questions about Iran's military strength and future regional cooperation. Oil markets react mildly.
#JordanIsrael #MiddleEastTensions #IranAttack #OilMarkets #RegionalAlliance
One of the key highlights of the new day is the Israeli airstrike in Lebanon. In response to the situation, an Israeli government statement indicated that "attacks on Rafah will be intensified if the hostage situation remains unresolved." Additionally, Ukraine confirmed reports of shooting down two Russian missiles. These developments are contributing to the ongoing surge in oil markets, which continue to trend towards peak levels. #Israel #Lebanon #Ukraine #Russia #oilmarkets
Additionally, market participants remained attentive to geopolitical developments, with some optimism stemming from diplomatic efforts between Hamas and Israel in the Middle East. #OilMarkets #EIA #CrudeOilStocks #US #EnergySector #OilPrices #GeopoliticalDevelopments #Hamas #Israel #MiddleEast
Oil markets closely monitored the EIA crude oil stocks data from the US side. The latest report indicated a significant increase of 12.018 million barrels in crude oil stocks last week, surpassing expectations which anticipated an increase of 3.3 million barrels. This unexpected surge in stocks exerted downward pressure on oil prices. #OilMarkets #EIA #CrudeOilStocks #US #EnergySector #OilPrices #GeopoliticalDevelopments #Hamas #Israel #MiddleEast
Yesterday, Oil markets closely monitored OPEC's monthly oil market report, which revealed a decrease in crude oil production by 350 thousand barrels in January compared to the previous month, dropping to 26 million 340 thousand barrels. Additionally, global oil demand is projected to rise by 2 million 240 thousand barrels compared to last year. Attention will now turn to the release of EIA crude oil stock data from the US. #OilMarkets #OPEC #CrudeOilProduction #GlobalOilDemand
Morgan Stanley raised price targets, citing OPEC's compliance with production cuts, while Goldman Sachs flagged consumption risks. #MiddleEastTensions #Israel #Hamas #Gaza #Yemen #Houthi #Diplomacy #USPresident #JoeBiden #Ceasefire #EuropeanUnion #TradeRestrictions #Russia #Ukraine #OilMarkets #Geopolitics #OPEC #SupplyCuts #EU #China #Deflation #OilPrices #OPECReport #MorganStanley #GoldmanSachs #MarketAnalysis
-Impact on Oil Markets: Geopolitical tensions in the Middle East, combined with OPEC's supply cuts, influence oil prices. The EU's proposed trade restrictions, alongside deflationary pressures in China, add to market uncertainties. Traders await the OPEC monthly report for insights into global oil balances. #MiddleEastTensions #Israel #Hamas #Diplomacy #USPresident #JoeBiden #Ceasefire #Russia #Ukraine #OilMarkets #OPEC #SupplyCuts #China #OilPrices #MorganStanley #GoldmanSachs #MarketAnalysis
-Diplomatic Efforts: US President Joe Biden called for a six-week ceasefire in the Israeli-Hamas conflict, while the European Union proposed trade restrictions on companies accused of supporting Russia in its conflict with Ukraine. #MiddleEastTensions #Israel #Hamas #Gaza #Yemen #Houthi #Diplomacy #USPresident #JoeBiden #Ceasefire #EuropeanUnion #TradeRestrictions #Russia #Ukraine #OilMarkets #Geopolitics #OPEC #SupplyCuts #EU #China #Deflation #OilPrices #OPECReport #MorganStanley #GoldmanSachs
Factors affecting crude oil prices;
-Middle East Tensions: Israel's military actions against Hamas in Gaza, coupled with ongoing disruptions by Houthi rebels in Yemen, are escalating tensions in the region.
#MiddleEastTensions #Israel #Hamas #Gaza #Yemen #Houthi #Diplomacy #USPresident #JoeBiden #Ceasefire #EuropeanUnion #TradeRestrictions #Russia #Ukraine #OilMarkets #Geopolitics #OPEC #SupplyCuts #EU #China #Deflation #OilPrices #OPECReport #MorganStanley #GoldmanSachs #MarketAnalysis
Oil market remains strong despite negative sentiment: OPEC
OPEC on Monday said oil market fundamentals remained strong and blamed speculators for a drop in prices as it slightly raised its 2023 forecast for global oil demand growth.
#globalnews #Economy #oilmarket #OilMarkets #OPEC
https://globalnews.ca/news/10088219/opec-oil-market-analysis/
Oil market remains strong despite negative sentiment: OPEC
OPEC on Monday said oil market fundamentals remained strong and blamed speculators for a drop in prices as it slightly raised its 2023 forecast for global oil demand growth.
#globalnews #Economy #oilmarket #OilMarkets #OPEC
https://globalnews.ca/news/10088219/opec-oil-market-analysis/
