Tag: Brent crude futures

Brent crude and West Texas Intermediate futures fell 3% as Israel's non-targeting of Iranian oil eased supply fears. OPEC's lowered demand growth forecasts for 2024 and 2025 contributed to this decline, alongside reduced crude shipments to China and deflationary pressures.(Representational Image/Unsplash)
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Oil prices fall 3% as concerns ease on potential Iran supply disruption

 October 15, 2024  Leave a Comment on Oil prices fall 3% as concerns ease on potential Iran supply disruption

Oct 15, 2024 08:04 AM IST Oil prices dropped 3% in early Asian trade as Israel reportedly refrained from targeting Iranian oil, alleviating supply concerns….

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Smoke billows near a village in southern Lebanon after an Israeli air strike, amid cross-border hostilities between Hezbollah and Israel, as seen from northern Israel.(Reuters)
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Oil prices at 3-week low as prospect of additional supply offset Mideast fears

 October 1, 2024  Leave a Comment on Oil prices at 3-week low as prospect of additional supply offset Mideast fears

Oil prices slid by more than 2% on Tuesday as a stronger supply outlook and tepid global demand growth outweighed fears over escalating conflict in…

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