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Oil futures rose sharply Thursday, with Brent crude climbing above $113 a barrel as fresh Houthi attacks targeted Saudi energy infrastructure and the market weighed the risk of further U.S.-Iran hostilities disrupting Middle East oil supplies.
Brent crude climbed above $111 a barrel as traders weighed renewed attacks on Saudi energy infrastructure and risks of further U.S.-Iran hostilities against recovering Middle East oil supplies. December Brent futures rose 2.7%.
Oct 13 (Reuters) — Indian equities were poised for a muted open on Tuesday as investors monitored Middle East tensions and elevated crude oil prices, while a faster-than-expected rise in retail inflation strengthened the case for further interest rate hikes. GIFT Nifty futures were at 22,423.5 at 7:50 a.m. IST, indicat
Oil prices are on track for a weekly gain as escalating attacks in the Middle East keep a geopolitical risk premium in place. The piece says Brent is around $104 a barrel and WTI near $92.
Stock futures rose Friday as AI-related shares recovered and oil prices fell. The rebound followed Thursday's tech selloff, while investors also looked ahead to next week's earnings season and later U.S. consumer sentiment data.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI