Crude Oil Prices Surge Amid Middle East Supply Concerns
Crude oil prices rose Friday amid fears of a fresh U.S.-Iran war and the ongoing Houthi-Saudi Arabia conflict.
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Crude oil prices rose Friday amid fears of a fresh U.S.-Iran war and the ongoing Houthi-Saudi Arabia conflict.
The Canadian dollar strengthened against major currencies during Thursday’s European session as crude oil prices surged.
Malaysian palm oil futures held above MYR 4,750 per tonne, hovering at a three-week peak amid firmer edible oils on China’s Dalian exchange and robust export demand. Cargo surveyors reported a 43.2%—58.3% month-on-month surge in Malaysian palm oil shipments during the first half of October, while festival-driven buying
(The opinions expressed here are those of the author.) By Anna Szymanski Oct 16 (Reuters) — Hello Morning Bid readers! Are we reaching an inflection point? Whether it’s the AI boom, the escalation in the Middle East, or the relationship between the US and Ukraine, this week brought further signs that markets and geopol
Dow gains, S&P 500 slips, Nasdaq dips Energy leads S&P sector gainers; just tech, consumer discretionary drop Dollar rallies; US crude up >2%; gold dips; bitcoin down >1% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at Are Markets Misread
Gold futures advanced in early European trade as the dollar softened and oil prices fell. Traders were also reassessing the inflation and interest-rate outlook.
Oil futures rose sharply as concerns intensified over renewed strikes on Iran, attacks on shipping in the Gulf and production shut-ins ahead of Tropical Storm Isaias. WTI was up 4.7% at $92.46 a barrel and Brent gained 4.5% to $104.76.
London’s FTSE 100 extended its recent decline on Thursday, falling to around 10,400 points, as rising oil prices and renewed pressure in global bond markets weighed on sentiment. Investors also digested Federal Reserve minutes indicating that most policymakers expected another interest-rate increase this year. Brent cr
Oil marketing, aviation, paint and tyre stocks fell about 1–5% after crude oil prices surged on renewed Middle East supply-disruption concerns.
FTSE 100 up 0.5% to 10,554.51 points by 1030 GMT and FTSE 250 also up 0.5% amid easing gilt yields and lower oil prices. Financial and consumer staples lead; Informa gains on a planned £2.24bn Clarion deal.
US heating oil prices eased to around $4.60 per gallon after President Donald Trump appeared less inclined to restrict diesel exports, amid concerns that such a move could trigger another surge in fuel costs. The European Union is meanwhile discussing a coordinated response after Washington asked Germany and France to
Benchmark 10-year U.S. Treasury yields held near their highest since June 2007, while German and French 10-year yields hit 17-year and 18-year highs. Stocks were broadly resilient, with Asian shares higher and European indexes little changed.
Reuters Asia morning markets round-up for Sept. 30 showed global equities mostly lower, with major bond yields elevated and currencies mixed. Gold rose 1% after a recent low, while Brent crude fell.
Stock markets were mixed across Asia and elsewhere on Tuesday as bond yields extended recent gains. Gold rose 1%, while the dollar strengthened against major currencies.
Reuters columnist Ron Bousso says the world's biggest energy companies are poised to post another quarter of bumper profits, but the Middle East conflict is reshaping supply lines, refining margins and capital allocation. The piece argues majors may need to rethink where they invest as geopolitical risk and longer supp
The South Korean won weakened to around 1,370 per dollar, reversing gains after a sharp rebound, as a surge in US Treasury yields lifted the dollar. The US 10-year Treasury yield climbed to its highest level since July 2007, while stronger-than-expected US economic data heightened inflation concerns and reinforced expe
EXECUTIVE SUMMARY * MNI FED: Gov Barr: Base Case Is For Further Hikes: #83aa171c-7fc4-49fd-82f5-351bcb071d96 * MNI IRAN: Security Chief Says In No Rush To Negotiate: #5df7e2ac-e490-4920-91fd-84069fe559a3 * MNI IRAN: Pezeshkian Talks On Nuclear, Hormuz & US Stance In UN Address: #c9b6854d-8cab-47cb-8646-ce411062279c * M
examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks finished a volatile week with mixed results as investors adjusted to the Federal Reserve’s first interest-rate hike since 2023 and rising energy costs. The S&P 500 slipped for a second s
(The opinions expressed here are those of the authors.) By Anna Szymanski Sept 18 (Reuters) — Every Friday, Reuters Open Interest (ROI) distills the financial week into five key charts, spotlighting the major trends, surprises, and overlooked moves that defined the past five days. 1. Liftoff ANNA SZYMANSKI, ROI Editor
WASHINGTON (dpa-AFX) - Partially offsetting Friday's pullback, crude oil prices have soared on Monday after Saudi Arabia confirmed closing its East-West pipeline following attacks by Houthi militants.Further, the postponement of the scheduled talks between the Gulf Cooperation Council members and I…
Shares of airlines, oil marketing companies (OMCs) and paint and tyre makers dropped after oil prices extended their rise, with Brent approaching $110 amid escalating Middle East supply concerns.
Rubber futures rose to around 241 US cents per kilogram in early September, near the highest level since 2013. The move is supported by declining Indonesia exports and expected output and tapping disruptions.
Indian shares opened lower as oil surged to a near-six-week high after U.S. and Iran exchanged strikes overnight, intensifying the Middle East conflict and reviving inflation concerns. Nifty 50 fell 0.82% to 23,858.
Brent crude retreated after hitting $100 a barrel amid concerns over the economic impact of high prices and renewed US trade tariffs, yet remained set for a substantial weekly increase as hostilities in the Middle East continue to threaten supplies.