Keywords: Brent crude
Global oil prices declined sharply on Friday, falling by around 5 percent as markets reacted to growing expectations of easing geopolitical tensions in the Middle East. Benchmark crude prices dropped below the symbolic $100 per barrel level, reflecting a shift in investor sentiment. Brent crude and......
Gold prices hovered near record highs as easing tensions between the United States and Iran reduced demand for safe-haven assets, while oil prices edged lower on expectations that renewed diplomacy could prevent a broader supply crisis. Spot gold traded around 4,850 dollars per ounce early Wednesday,......
Türkiye’s financial markets opened the trading session on a cautious but positive note, with the BIST 100 recording a slight increase at the start of Wednesday’s trading. The index opened at 14,236.21 points, marking a modest gain of 0.24% compared to the previous session. The movement......
The war in Iran has triggered a cascading energy crisis from Southeast Asia to Europe, with governments imposing fuel rationing, grounding aircraft, and shutting institutions as the closure of the Strait of Hormuz chokes off roughly one fifth of the world's oil and gas supply. Goldman Sachs has described......
Fuel prices have climbed to multi-year highs worldwide after one month of conflict involving Iran disrupted global energy flows and tightened supply. The shock has hit consumers across major economies and forced governments to deploy emergency measures to contain economic fallout. In the United Kingdom,......
Shares in Shell and BP surged to all-time highs on Thursday as the ongoing U.S.-Iran conflict continues to drive crude oil prices sharply higher, generating windfall gains for major oil companies while hitting consumers hard at the pump. Shell's share price has risen roughly 15% over the past month,......
Several Gulf states have privately conveyed serious concerns to the Trump administration over the president's threats to target Iranian desalination plants, warning that such strikes could trigger catastrophic retaliation against their own water infrastructure. The warnings reveal a deepening rift......
Traders placed a record $977 million against crude oil in March, pouring capital into the ProShares UltraShort Bloomberg Crude Oil ETF in the largest monthly inflow the fund has recorded since its launch in November 2008. The bet has so far gone badly wrong. SCO, which delivers twice the daily inverse......
Oil markets endured another turbulent session on Wednesday as traders struggled to reconcile Donald Trump's signals of an imminent end to the U.S.-Iran war with the reality of continued fighting and a largely closed Strait of Hormuz. Brent crude, which had opened higher during Asian trading, reversed......
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