Brent Crude Price Rises after Saudi Arabia Agrees to Cut Oil Output
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Rising Oil Price Could Make Central Banks Cautious With Rate Cuts
A rising oil price could halt or even reverse the recent trend of falling inflation, potentially leaving central banks cautious about cutting interest rates, DZ Bank said.The Wall Street Journal - World -
Oil prices finish lower as traders weigh prospects for Gaza ceasefire
Oil futures tallied a back-to-back session decline Tuesday as traders weigh prospects for a Gaza ceasefire agreement.MarketWatch - Business -
U.S. Crude Oil Supplies Rise More Than Expected
Weekly commercial crude storage grew by 2.7 million barrels to 460 million barrels, while analysts predicted an increase of 600,00 barrels.The Wall Street Journal - World -
‘An energy war is being waged’: former oil boss warns of price rises after Ukraine infrastructure attacks
Andriy Kobolyev calls for more weapons after Russia destroys one of Ukraine’s largest power plants. A dramatic rise in European energy prices is inevitable if the Russian destruction of Ukrainian energy infrastructure continues unabated, the ...The Guardian - World - Ukraine -
Why Oil Prices Have Been Rising Recently
The increase this year, prompted by geopolitical worries and supply constraints, has sent gasoline prices higher and could hamper efforts to tame inflation.The New York Times - Business -
Oil Prices Rise as Geopolitical Tensions Increase
Oil prices rose close to 1% as geopolitical risks remain high on Middle East tensions and the increased targeting of downstream infrastructure in the Russia-Ukraine war.The Wall Street Journal - World -
Oil prices finish higher on talk of potential for Iran strike on Israel
Oil futures finished sharply higher on Wednesday, buoyed by speculation that Iran will soon wage an attack on Israel following Israel’s strike on Iran’s embassy in Syria earlier this month.MarketWatch - Business - Israel -
Oil prices end lower, failing to find much support from Iran’s attack on Israel
Crude-oil prices settle lower on Monday after an Iranian attack on Israel caused little damage, helping to diminish expectations about a broader conflict involving the two bitter rivals.MarketWatch - Business - Israel -
U.S. Crude Oil Supplies Rise More Than Expected, Refinery Use Eases
Weekly crude-oil inventories rose by 5.8 million barrels to 457.3 million barrels, compared with analysts’ expectations of an added 800,000 barrels.The Wall Street Journal - World -
Thyssenkrupp Steel to Cut Output, Jobs
Thyssenkrupp Steel plans to reduce its production capacity to between 9 million and 9.5 million metric tons a year, broadly in line with its shipments over the past three years and cut jobs, in response to challenging market conditions, with weak ...The Wall Street Journal - World -
How Saudi Arabia Hopes to Carve a New Reputation With $22 Billion Railway
With Saudi Arabia set to host the World Expo 2030 and as a frontrunner to host the 2034 FIFA World Cup, the country’s new metro megaproject is a chance to transform its economy as well as improve its reputation.The Wall Street Journal - World -
End of the Line? Saudi Arabia ‘forced to scale back’ plans for desert megacity
Crown prince’s pet project was sold as a 105-mile-long city of the future, but finances may have led to a rethink. It was billed as a glass-walled city of the future, an ambitious centrepiece of the economic plan backed by Crown Prince Mohammed ...The Guardian - World -
Pakistan and Saudi Arabia call for a cease-fire in Gaza, saying efforts so far are insufficient
Pakistan and Saudi Arabia have called for an immediate cease-fire and uninterrupted delivery of humanitarian aid in GazaABC News - World -
Pakistan's premier calls for closer cooperation with Saudi Arabia to enhance investment in Pakistan
Yahoo News - World - Pakistan -
This Lava Tube in Saudi Arabia Has Been a Human Refuge for 7,000 Years
Ancient humans left behind numerous archaeological traces in the cavern, and scientists say there may be thousands more like it on the Arabian Peninsula to study.The New York Times - Science -
Oil prices dip after Iran attack on Israel
Prices had already risen in expectation of action, with Brent crude near a six-month high last week.BBC News - Top stories - Iran -
Oil Prices Lower After Iran’s Attack on Israel
Investors are taking a wait-and-see approach after the much-anticipated aerial assault had little effect on oil supplies.The New York Times - Business - Israel -
Oil prices settle lower as traders weigh risks of an Iranian attack on Israel
Oil futures consolidate after rising more than 1% the previous session on fears of a more direct confrontation between Israel and Iran.MarketWatch - Business - Israel -
Base Metal Prices Rise After Russian Ban
Aluminum and nickel prices rose in London after the U.S. and U.K. banned fresh trading in metals originating from Russia.The Wall Street Journal - World - Russia -
Oil Turns Higher on Report of Possible Iran Strike Against Israel
Crude oil futures rose on a report by Bloomberg that the U.S. and its allies believe an attack on Israel by Iran and its proxies is imminent.The Wall Street Journal - World - Iran -
Oil Prices Are Steady in Early Futures Trading After Attack
President Biden spoke Sunday with four congressional leaders regarding Iran’s attack on Israel.The Wall Street Journal - World -
Oil prices a ‘chief concern’ for markets after Iran attack on Israel
U.S. stocks look to rebound on Monday, after fears over the conflict in the Middle East sparked a flight to safety Friday in U.S. markets.MarketWatch - Business - Iran -
Santos's Oil, Natural Gas Output Fell 7% in First-Quarter
Santos said its oil and natural gas production fell by 7% in its latest quarter, after its operations were disrupted by bad weather and planned maintenance.The Wall Street Journal - World -
Santos's Oil, Natural Gas Output Fell 7% in First-Quarter
Santos said its oil and natural gas production fell by 7% in its latest quarter, after its operations were disrupted by bad weather and planned maintenance.The Wall Street Journal - Business -
Saudi Arabia is rebranding itself as a moderate country, but what’s the truth? Just ask our female activists | Lina al-Hathloul
My sister Loujain has been placed under a travel ban and lives in constant fear of arrest. She is one of many. Lina al-Hathloul is head of monitoring and advocacy at ALQST for Human RightsSaudi Arabia is rebranding. Since 2016, when it first ...The Guardian - World -
Rising oil prices are pushing up 10-year inflation expectations and Treasury yields
Oil appears to be playing a major factor in this week’s rise of the benchmark 10-year Treasury yield to its highest levels since November, and is boosting market-based inflation expectations over the long run.MarketWatch - Business -
Oil prices rise 1% as traders brace for possible Iran strike against Israel
Israel warned OPEC member Iran Wednesday it would attack the Islamic Republic if Tehran strikes Israel.CNBC - Business - Iran -
Import inflation rises for third month in a row. Higher oil prices play big role.
The cost of imported goods rose in March for the third month in a row because of higher oil prices, adding a little bit to upward pressure on U.S. inflation.MarketWatch - Business -
Oil prices fall slightly after Israel fends off large-scale aerial attack by Iran
Iran launched more than 300 drones and missiles against military targets in Israel in an attack that President Joe Biden described as "unprecedented."CNBC - Business - Iran -
U.S. industrial output rises modestly for second straight month in March
There are signs that manufacturing is starting to pick up.MarketWatch - Business -
Oil prices hold firm as U.S. weighs added sanctions on Iran oil exports after attack on Israel
U.S. officials told NBC News that they expect an Israeli response to Iran's attack to be limited in scope.CNBC - Business - Iran -
Markets slash bets on rate cuts after US inflation rises to 3.5%
Figures for consumer prices and core inflation exceed expectationsFinancial Times - Business -
U.S. crude oil gains as Israel reportedly prepares for attack by Iran this weekend
Israel is preparing for a direct attack by Iran on southern or northern Israel as soon as Friday or Saturday, The Wall Street Journal reported.CNBC - Business - Iran -
Oil price falls despite Middle East tensions; Tesla ‘to cut 10% of staff’; Goldman Sachs profits jump – business live
Brent crude dips to $90 per barrel as markets monitor Israel-Iran, while 14,000 jobs could be cut at Tesla. Middle East crisis live: Israel calls for new sanctions on Iran at heated UN security council meetingTesla to cut 14,000 jobs as Elon Musk ...The Guardian - World -
Oil prices could see 'super spike well above $100' if conflict escalates after Iran's attack on Israel
Iran is home to vast oil resources, and any disruption to its capacity to supply global markets could push prices higher.CNBC - Business - Israel -
Car Insurance Prices Rise as Vehicle Prices Decline
Business owners and drivers can't catch a break in the battle to cut transportation costs.Inc. - Business -
How fast are prices rising in the UK?
The rate at which prices are rising has dropped from record highs, but remains above the 2% target.BBC News - Top stories -
Oil posts back-to-back losses, suffering from ‘uneasy calm’ on Middle East tensions
Oil futures notched back-to-back-session losses on Tuesday.MarketWatch - Business -
Oil prices fall more than 3% as traders discount Iran-Israel war risk
U.K. Foreign Secretary David Cameron said Wednesday that "it's clear the Israelis are making a decision to act" against Iran.CNBC - Business - Israel -
The WSJ Dollar Index Rises 0.92% to 99.65
The dollar posted its largest gain since March 2023, after hot U.S. inflation data.The Wall Street Journal - World