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Oil Prices Spike On Geopolitical Tensions: Middle East Clashes, Ukraine War Stoke Supply Concerns
Finance International News

Oil Prices Edge Lower After Weekly Surge, China Stimulus & US Growth Buoy Market

Oil prices weakened slightly on Friday, but remain set for a second weekly gain as positive US economic growth and signs of Chinese stimulus boosted demand sentiment, while Middle East supply concerns added further support. Brent crude futures were down 94 cents at USD 81.50 a barrel by 12:12 a.m. ET (17:12 GMT), having set […]

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Russia Remains Top Oil Source For India, Despite Red Sea Woes
Finance Government News

Oil Prices Rise 2% After US, Britain Strike Houthi Targets

Oil prices rose 2 per cent on Friday as the United States and Britain carried out air and sea strikes on Houthi military targets in Yemen in response to attacks by the Iran-backed group on shipping in the Red Sea. The attack added to market concerns about the potential impact a broader conflict in the […]

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