• Rising oil prices add to global economic strife

    3 monthes ago - By Reuters

    Escalating tension in the Middle East is driving up oil prices, a huge import cost for many economies, putting more strain on global growth already hurt by the trade war being waged by U.S. President Donald Trump and weakening consumer confidence.
    Read more ...

     

  • Oil retreats; Business slams tariffs; Facebook goes crypto

    3 monthes ago - By Stl Today

    1. The big picture on oil: US crude futures are in retreat, unwinding a rally triggered Thursday by an attack on two tankers in the Gulf of Oman.
    Read more ...

     

  • Oil is being propped up by Middle East tensions after the US used video to blame Iran for tanker attacks

    Oil is being propped up by Middle East tensions after the US used video to blame Iran for tanker attacks

    3 monthes ago - By Business Insider

    Oil prices on Friday were pushed and pulled between competing drivers of Iran tensions and a supply glut.
    Thursday's attacks on two oil tankers raise the prospect of a US-Iran military showdown, experts warn .
    Broadcom shares are trading down 8.7% in US premarket after warning of a demand slowdown from the US-China trade war.
    Watch WTI and Brent crude trade live
    After sinking to a five-month low and surging almost 5% in the same week, oil prices on Friday were pushed and pulled between competing drivers of Iran tensions and a supply glut.
    After crude prices slipped after a surprise...
    Read more ...