WTI price extends upside near $76.85 in Tuesday’s early Asian sessionFears of wider Middle East conflict boost the WTI priceInvestors await additional stimulus measures from Chinese officialsOn Thursday, the US
Monday saw a decline in U.S. stocks, giving up some of the gains made last week following the positive payrolls report. In the next days, attention will be focused more
Key PointsNonfarm payrolls surged by 254,000 in September, up from a revised 159,000 in August and better than the 150,000 Dow Jones consensus forecast.The unemployment rate fell to 4.1%, down
Key Points:Oil prices could shoot up $20 per barrel if Iranian production sees a hit, says Goldman Sachs.Iran, which is a member of OPEC, is a key player in the
Since our previous report, oil prices have been increasing, a trend that was further exacerbated by Iran’s missile attack on Israel on Tuesday. In today’s report, we examine the current
On Thursday, U.S. equities experienced a decline as investors evaluated additional employment data amid the ongoing volatility in the Middle East.The S&P 500 index traded 15 points lower, or 0.3%,
WTI gains traction to near $70.60 in Thursday’s early Asian session. Middle East geopolitical tensions lift WTI price.Large US crude inventories built last week might cap the upside for WTI. The US
WTI price spikes to near $70.65 in Wednesday’s Asian session. Middle East geopolitical risks underpin the WTI.Crude Oil Inventory dropped, falling short of expectations.The US crude oil benchmark, West Texas Intermediate