Yesterday, the price of Brent crude oil climbed above $71 per barrel for the first time since the attacks between Israel and Iran, Commerzbank’s commodity…
Oil appreciates further as markets brace for US sanctions on Russian Crude. Strong trade activity data from China has eased concerns about demand and provided…
The likelihood of new, harsh sanctions on Russia is rising again: western leaders are abandoning hopes of meaningful diplomacy and reverting back to economic pressure,…
The Group of 7 (G7) finance leaders wrapped up its most recent summit on Thursday, with EU Economic Commissioner Valdis Dombrovskis characterizing the talks as…
A top adviser to Iran’s supreme leader, Ali Shamkhani, said late Wednesday that Iran is ready to sign a nuclear deal with certain conditions with…
ICE Brent rallied by almost 2.6% yesterday, reaching its highest since late April. A weaker USD following a cooler-than-expected US consumer price index (CPI) provided…
The price of Brent oil rose to more than $68 per barrel this week, reaching its highest level since the announcement of reciprocal tariffs by…
WTI price edged higher, supported by new US sanctions on Iran and growing signs of tightening supply. The American Petroleum Institute (API) reported a draw…
WTI price extends the rally to a two-week high around $63.50 in Friday’s Asian session. Trump expressed optimism about reaching a trade deal with the…
Reuters reported early Friday that US President Donald Trump is likely to retaliate on trade if Mexico doesn’t deliver water to the United States. Mexican…