Oil outlook: Israel & Iran conflict dominates Oil Prices
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
Crude oil prices
WTI falls near $72.50 as OPEC+ plans to increase production
The West Texas Intermediate (WTI) oil price fell for the second consecutive session, trading around $72.50 per barrel during Monday’s Asian hours. This fall could be attributed to the Organization
WTI Crude Oil flat lines below $73.00 on easing supply concerns, bearish USD and US recession fears.
US West Texas Intermediate (WTI) crude oil prices fluctuate in a narrow range during the Asian session on Friday, unable to build on the day before’s rebound from a two-week
Geopolitical Risk No Longer Priced Into Oil Markets
Wells Fargo analysts noted in a note dated Monday that despite increased geopolitical tensions in the Middle East, especially in the aftermath of major violent episodes involving Hamas and Hezbollah