Markets are bracing for a sharp downturn at the open amid escalating tensions in the Middle East, with a 43-point (0.5%) fall now predicted for the FTSE 100. The decline
Markets are bracing for a sharp downturn at the open amid escalating tensions in the Middle East, with a 43-point (0.5%) fall now predicted for the FTSE 100. The decline
Oil prices surged on Friday after Israel launched a series of strikes in Iran, killing the country’s top military commander and fuelling fears of a broader conflict in the Middle
Oil prices climbed sharply following reports that Israel is preparing to target Iranian nuclear sites, raising concerns over regional stability and jeopardising ongoing nuclear negotiations led by Donald Trump.
WTI (May) $62.47 +$1.14, Brent (June), Diff -$3.38 +4c. USNG (May) $3.25, UKNG (May) 86.99p +3.6p, TTF (May) €35.855 +€1.645.
Goldman Sachs has warned that oil prices could plunge below $40 per barrel by late 2026 if a U.S.-led trade war triggers a global economic downturn and major producers ramp
BP shares have slumped to their lowest level since the pandemic, hit hard by a steep decline in oil prices.
Global oil demand growth is expected to slow as Donald Trump’s tariff war weighs on the global economy.
Oil prices climbed further on Monday, with gains exceeding $1 per barrel following OPEC+’s decision to postpone its scheduled output increase by a month. The market now faces a pivotal
Oil prices have seen their steepest drop in a month following reports that Benjamin Netanyahu assured Joe Biden he would not target Iran’s oil or nuclear facilities in response to
Oil prices surged over 3% today, pushing a barrel above $80 for the first time since August, as rising tensions in the Middle East fueled the increase.
Oil prices have continued to climb amid growing fears that Israel could target Iranian oil facilities.
Oil is on course for its strongest week in over a year, driven by escalating conflict in the Middle East, including Israeli airstrikes on Beirut, Lebanon.