Oil prices rise after Houthi attack on Saudi capital
Brent crude futures climbed 81 cents, or 0.78%, to $104.68 a barrel while US West Texas Intermediate crude was at $101.06 a barrel, up 76 cents, or 0.76%.
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Brent crude futures climbed 81 cents, or 0.78%, to $104.68 a barrel while US West Texas Intermediate crude was at $101.06 a barrel, up 76 cents, or 0.76%.
Sept 20 (Reuters) — Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy. International/regional GLOBAL MARKETS-Global shares edge higher as central banks double down on inflation fight MKTS/GLOB Oil slides after Chin
U.S. President Donald Trump’s United Nations General Assembly (UNGA) speech next week will land amid a Middle East war that is driving global energy prices higher in Europe and at home. The uncertainty is also testing an increasingly fractured UN that lacks the capacity to mediate the very crisis destabilizing markets.
United States Oil Fund (NYSE: USO ) shares are climbing Thursday after Yemen’s Houthi rebels ignited a new flashpoint in the Middle East conflict, striking two Saudi tankers in the Red Sea. United States Oil Fund stock is showing exceptional strength. Why is USO stock surging? Houthi Tanker Strikes Push Oil Higher as T