Oil prices drop as talk of Israel-Hezbollah cease-fire cuts ‘security premium’
Oil futures ended lower Monday, with talk of a potential cease-fire deal between Israel and Lebanon-based Hezbollah leading prices to shrink their ”security premium,” pulling global benchmark crude prices down by nearly 3%.
Israel, Hezbollah trade strikes amid cease-fire talks
Hezbollah fired hundreds of projectiles into Israel on Nov. 24, a day after an Israeli strike in Beirut killed at least 29 people.
Oil Lower as Israel-Hezbollah Ceasefire Moves Closer
Oil was lower in early Asian trade as the Israel-Hezbollah ceasefire moves closer, according to a commentary by Quantum Commodity Intelligence.
Oil falls $1 on Israel-Lebanon ceasefire report
Oil prices fell more $1 on Monday after Axios reported that Israel and Lebanon had agreed to the terms of a deal to end the Israel-Hezbollah conflict, citing an unnamed senior U.S. official. Brent crude futures were down $1.
Oil edged higher after 3% dip from Trump tariffs and Israel-Hezbollah ceasefire optimism
Oil prices edged higher on Tuesday after declining by about 3 per cent the day before on a potential ceasefire agreement between Israel and Hezbollah. Traders were also concerned that US president-elect Donald Trump’s administration could introduce new trade tariffs upon entering office,
Sticking points in Israel-Hezbollah ceasefire talks: what's holding up the deal?
Israel and Hezbollah have exchanged fire almost daily since the day after Hamas-led militants attacked Israel on Oct. 7, 2023, setting off the war in Gaza.
Oil prices risk moving lower as China demand falters: Analyst
Oil prices (CL=F, BZ=F) fell on Monday following reports that Israel and Hezbollah may be nearing a ceasefire deal. Stephen ...
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Oil prices could drop 20% in the next 2 years if the US implements tariffs, Goldman Sachs says
Goldman Sachs predicts that oil prices could fall about 20% to the low $60s by the end of 2026. The analysts point to ...
Oil Inches Higher as Traders Assess Ceasefire Progress, Supply Risks
Oil prices edged higher in early European trade after falling around 3% in the previous session as traders monitor progress on a ceasefire deal between Israel and Hezbollah.
Crude Oil Prices1d
Oil Prices Dip After a Week of Gains
Oil prices drop slightly after initial gains as the market weighs geopolitical tensions involving Russia, Ukraine, and Iran's ...
Oil prices ease but remain near 2-week highs on Russia, Iran tensions
Oil prices retreated on Monday following 6% gains last week, but remained near two-week highs as geopolitical tensions grew ...
U.S. oil prices score a more than 6% weekly gain on supply risks tied to the Russia-Ukraine war
Oil futures settled higher on Friday, with the U.S. crude benchmark up by more than 6% for the week as traders monitor ...
Crude Oil Prices18h
Russia-Ukraine Escalation Reignites Oil’s War Premium
The end of this year is set to see wild swings in oil prices amid rising geopolitical tensions in the Russia-Ukraine war and ...
Goldman Sachs expects oil prices to average around $80/bbl in 2024
Goldman Sachs expects Brent prices to average around $80 per barrel this year, despite a 2024 deficit and geopolitical ...
Olive oil prices expected to drop by half after reaching record high
Olive oil prices reached a record high of $12.39 per bottle this year — a jaw-dropping cost Deoleo plans to cut in half. The ...
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History of Oil Prices
While oil prices staged a modest rebound following the collapse, it's unclear whether the gains are sustainable. The ...
Oil prices settle up 1% at 2-week high as Ukraine war intensifies
Oil prices climbed about 1% on Friday, settling at a two-week high, as the intensifying war in Ukraine this week boosted the ...
Oil prices consolidate after surging on rising geopolitical jitters
Oil futures were slightly lower early Monday, consolidating after a surge that saw the U.S. benchmark jump more than 6% last ...