Stocks
Crude Prices Climb as Strait of Hormuz Tensions Escalate
Crude oil and gasoline prices rose Friday, driven by escalating US-Iran hostilities in the Strait of Hormuz, threatening global energy supplies.
#Crude Oil 24 articles
Markets
US Crude Oil Inventories Drop Less Than Analysts Predicted
U.S. crude oil inventories saw a decrease of 2.3 million barrels in the week ending May 1st, falling short of economists' expectations.
Markets
Gold Recovers 1.5% as Brent Crude Falls From Four-Year High
Gold prices saw a notable rebound on Thursday, climbing 1.5% for June delivery, as Brent crude oil futures experienced a significant pullback...
Markets
Oil Prices Skyrocket Amidst Ongoing Gulf Crisis and Strait Blockade
Crude oil prices have surged dramatically as the Middle East conflict and active blockade of the Strait of Hormuz show no signs...
Stocks
Stocks Decline on AI Hopes Fading and Oil Price Spike
Major U.S. stock indexes closed lower Tuesday, dragged down by technology shares amid concerns over AI investment returns and a significant rise...
Markets
KLCI Aims to Halt Decline, Global Factors in Focus
Malaysia's Kuala Lumpur Composite Index, down for two sessions, is anticipated to find support on Tuesday. Global uncertainties, including Middle East tensions...
Stocks
U.S. Shale Industry Resists Output Hike for Two Years
U.S. shale executives do not expect to significantly increase oil production over the next two years, citing "chaos" from the Middle East...
Markets
US Crude Oil Inventories Rise Unexpectedly; Gasoline Stocks Plunge
US crude oil inventories unexpectedly climbed by 1.9 million barrels in the week ended April 17th, defying analyst expectations, while gasoline stockpiles...
Stocks
Dollar Gains as Oil Prices Spike and Stocks Decline
The dollar index reached a 1.5-week high, buoyed by Middle East tensions and rising crude oil prices, while stock markets experienced a...