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Fuel Price Hikes Loom for March as Iran-US War Fears Drive Oil Higher
6 Articles
6 Articles
Brent Surges Past US$71 as Iran War Fears Rattle Global Markets
News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/brent-surges-past-us71-as-iran-war-fears-rattle-global-markets/Brent crude settled at its highest level in six months on Friday, February 20, as escalating tensions between Washington and Tehran sent global oil markets into one of their most volatile weeks of the year, with direct consequences expected for import-dependent economies like Ghana. Brent …
Oil Rallies as War Premium Returns: WTI Retests End-January $66 Highs - ActionForex
Oil breaks higher during overnight trading as pressure mounts ahead of the weekend. WTI attempts a retest of its January highs with tensions not easing. Exploring an in-depth Technical Analysis of the commodity. Betting on geopolitical events is an odd task in Markets. Without discussing the moral aspect (traders have to make money, or at […] The post Oil Rallies as War Premium Returns: WTI Retests End-January $66 Highs appeared first on ActionF…
Oil prices and US dollars are currently rising sharply. An important factor is the upcoming Iran war. The stock market is indiscriminate. The post oil prices and dollars in boost – and stocks? Iran's war is on appeared first on financemarktwelt.de.
Oil prices have crossed a new threshold by reaching more than $71 per barrel, marking a further significant rise in global concern and interest. This price increase is the result of a complex combination of geopolitical, economic and strategic factors that influence the supply and demand of this vital raw material. But what explains this rise in prices and what will be the consequences? One of the main reasons for this increase is the rise in te…
New York / London – Oil prices increased on Thursday. According to traders, especially the increased risk of war between Iran and the US is supporting prices. A barrel (159 liters) of the North Sea variety Brent for delivery in April cost 71.01 US dollars. That was 0.66 dollars more than the previous day. The price of US oil [...]
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