#crude-oil (2 Posts)
-
Fed Holds Steady on Rates, Oil Traders Bet on Future Cuts International oil prices rose for the third consecutive day on the 12th (local time) as U.S. inflation appeared to ease, supporting expectations for an interest rate deduction. On the same day, West Texas Intermediate (WTI) crude for July closed at $78.50 per barrel on the New York Mercantile Exchange (NYMEX), up $0.60 (0.77%) from the […] -
Fear of Iran's Response to Israel Sends Oil Prices Skyrocketing West Texas Intermediate (WTI) crude oil prices have surged once again. On the 10th (local time), the news that the United States and its allies are reporting an imminent primary missile or drone attack by Iran on Israeli military and government targets quickly reversed a previous drop in oil prices, leading to a sharp increase. […]
Hot Topics