Oil Set for Over 6% Weekly Gain as US-Iran Fighting Resumes, Diesel Hits Record High
Oil prices are heading for a weekly gain of more than 6% after the United States and Iran resumed military…
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WTI Jumps 10% Above $91 as US-Iran Strikes Revive War Premium
WTI crude jumped 10% this week to trade above $91 after the United States and Iran exchanged their heaviest fire…
Gold slips as strong US jobs data tempers Fed rate-cut bets
Gold edged lower on Friday after a stronger-than-expected US jobs report reinforced the case for the Federal Reserve to keep…
UK set to approve Jackdaw gasfield within weeks
The UK government is set to approve the Jackdaw gasfield in the North Sea within weeks, letting it start producing…
Strait of Hormuz Disruption Turns Into an Inflation Risk for Oil Markets
Oil prices have climbed to six-week highs after renewed US-Iran strikes, and shipping data shows unusually low tanker traffic through…
