Futures Movers: Oil Prices Rebound As Middle East Tensions Persist

Oil prices moved higher on Tuesday, helped as U.S. stock futures pointed to a modest rebound for Wall Street, while concerns over tensions between Iran and Saudi Arabia, and about Venezuela production, continued to underpin prices.

Topics:  u.s    wall street   iran   saudi arabia   venezuela   futures   rebound   tensions   oil prices   
BING NEWS:
  • Middle East tensions push oil prices up
    Crude oil prices increased on Tuesday as tensions in the Middle East continued to spur concerns. As of 1110 hours GMT, Brent, the international benchmark for two-thirds of the world’s oil, gained ...
    03/12/2024 - 2:02 pm | View Link
  • Oil prices settle 2% higher, lifted by rising Middle East tensions
    “The oil market traded with modest gains in the early trading session today with reports of fresh tensions in Gaza pushing up risk sentiment,” said Ewa Manthey and Warren Patterson, commodity ...
    02/29/2024 - 10:42 pm | View Link
  • Europe, Africa oil markets tighten, lending support to futures
    LONDON, Feb 23 (Reuters) - Red Sea shipping delays and OPEC+ supply cuts are tightening physical oil ... and the prices of some other grades considered local alternatives to Middle East crude ...
    02/22/2024 - 9:28 pm | View Link
  • Excess US supplies a heavy weight on grain futures
    US crude oil prices were higher Thursday. The March West Texas Intermediate light, sweet crude future added $1.39 to close at $78.03 per barrel. The US dollar index declined again on Thursday.
    02/15/2024 - 11:00 am | View Link
  • CPO futures seen to rise
    PETALING JAYA: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trend higher this week on the expectation of higher palm oil export estimates by cargo surveyors ...
    02/14/2024 - 11:00 am | View Link
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