Page 95 - Texas Intermediate News Today

Goldman Sachs is projecting $86 a barrel for the second half of 2024, while Commerzbank is expecting a $90-95 price level

Brent futures were down 48 cents, or 0.6%, at $86.63 a barrel by 1155 GMT. The most active U.S. West Texas Intermediate contract was down 38 cents, or 0.5%, to $82.35.

Oil prices fluctuated on Friday, briefly spiking as much as 3% after Israel hit back at Iran in a retaliatory strike, further heightening tensions in the Middle East.

The Dow Jones Index recovered 0.5 per cent and the S&P 500 was little changed as Tehran downplayed reports of an Israeli strike on Iran.

(Bloomberg) — US equity futures clawed back most of their early losses, while the bid for haven assets unraveled after Iranian media appeared to downplay the impact of Israeli strikes. Oil switched to a decline, wiping out an earlier sharp jump that took the price of Brent crude above $90 a barrel. Treasury yields retraced…

Oil slipped on Friday after prices spiked earlier on reports that Israel had attacked Iran as market fears of a...

(Bloomberg) — An escalation of tensions in the Middle East kept stock markets on edge, though haven assets including bonds and the dollar gave up some early gains after Iranian media appeared to downplay the impact of Israeli strikes. Oil wiped out an earlier sharp jump above $90 a barrel. The dollar traded only slightly…

Oil prices briefly jumped more than 3% after reports of explosions near the Iranian city of Isfahan.

Investors saw a flight to safety as gold hit an all-time high and the Japanese yen also strengthened. Oil jumped more than 3%, with Brent futures crossing $90.

Investors saw a flight to safety as gold hit an all-time high and the Japanese yen also strengthened. Oil jumped more than 3%, with Brent futures crossing $90.