Oil prices are mixed in the early Asian trade, but may be supported by supply-disruption risks. Ukraine has stepped up attacks on Russia's energy infrastructure, ANZ Research analysts say in a research report. Another drone attack struck Russia's Kinef refinery, which has an annual processing capacity of over 20 million tons, the analysts note.
"This follows last week's wave of attacks which Ukraine claimed have struck facilities handling almost half of Russia's seaborne crude exports," the analysts add. Front-month WTI crude oil futures are little changed at $63.32/bbl; front-month Brent crude oil futures are 0.1% higher at $67.49/bbl.
Source : Dow Jones Newswires
Oil prices rose on Monday as investors assessed the impact of Ukrainian drone attacks on Russian oil refineries and U.S. President Donald Trump's call for NATO countries to halt purchases of Russian o...
Oil prices rose on Monday (September 15th) as investors assessed the impact of Ukrainian drone attacks on Russian refineries and U.S. President Donald Trump's call for NATO countries to halt purchases...
Oil prices were little changed on Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries, while U.S. President Donald Trump said he was prepared to impose sanctions o...
Oil was little changed after advancing last week, as traders weighed moves to crack down on Russian flows against forecasts for a surplus later in the year. Brent traded near $67 a barrel, after...
Oil prices rose on Friday after a Ukrainian drone attack suspended loadings from the largest port in western Russia, but gains were capped by concerns about U.S. demand. Brent crude futures settled a...
Gold prices hit a new record high on Tuesday (September 16th), breaking through $3,685 per ounce. This increase occurred as investors grew more confident that the Federal Reserve (The Fed) would cut interest rates this week, opening the door to...
The Hang Seng Index started the day with a rise of 90 points, or 0.34%, to 26,536. The China Enterprises Index gained 23 points, or 0.24%, to close at 9,407, while the Tech Index climbed 27 points, or 0.44%, to 6,070. Technology stocks displayed...
Global oil prices fluctuated in today's trading. Market sentiment was torn between concerns about oversupply and the threat of supply disruptions due to geopolitical escalation. On the supply side, recent data showed that US crude oil inventories...
US stocks closed higher on Monday (September 15), driven by gains in technology stocks after President Donald Trump indicated that U.S.-China trade...
The Fed will be in the spotlight this week, as markets are now all but certain that the central bank will slash interest rates at the end of its...
The U.S. Federal Reserve holds its latest policy meeting this week with a historic challenge to its leadership pending in the courts and a rushed...
Israeli Prime Minister Benjamin Netanyahu said he would not rule out further attacks on Hamas leaders "wherever they are," as Arab and Muslim...