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Oil prices ease as Iran-Israel tensions ease

SINGAPORE :Oil prices fell on Monday, dragged down by a renewed focus on market fundamentals as Israel and Iran played down the risks of an escalation of hostilities in the Middle East after Israel's apparently small strike on Iran.Brent futures fell 67 cents, or 0.77 per cent, to $86.62 a barrel by 0402 GMT.
United States Israel General Yeap Jun Rong Tina Teng Energy Information Administration Middle East

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Stocks Climb as US Earnings Kick Into High Gear: Markets Wrap

(Bloomberg) — Stocks rebounded on Monday, with Corporate America kicking off the busiest week for first-quarter earnings that will be key in shaping the outlook for equities. About 180 S&P 500 companies โ€” representing more than 40% of the indexโ€™s market capitalization โ€” will report results this week. But the biggest expectations are for the…
United States United Kingdom New York Kasia Klimasinska Miller Tabak Sagarika Jaisinghani

Stocks Rebound After Selloff, Earnings in Focus: Markets Wrap

(Bloomberg) — European and US stock futures rose as the focus shifted from Middle East tensions to company earnings and economic data for insight into the direction of central bank policy.ย  Contracts on the Euro Stoxx 50 climbed 0.4% while S&P 500 futures advanced by a similar magnitude after the US gauge recorded its worst…
United States South Korea United Kingdom South China Sea Brunei General Jun Rong Yeap

Oil prices fall more than 1% as Iran-Israel tensions ease

Oil prices fell by more than 1% on Monday, as the market focus switched to fundamentals after Israel and Iran played down the risk of an escalation of hostilities following Israel's apparently small strike on Iran. The front-month U.S. West Texas Intermediate (WTI) crude contract for May, which expires on Monday, fell 97 cents, or 1.2%, to $82.17 a barrel, while the more active June contract dropped $1.23 to $80.99 a barrel. "Brent crude prices failed to retain their initial surge, w...
United States Israel General Barbara Lewis Sonali Paul Tina Teng Yeap Jun Rong
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