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View all search resultsoil-price
Markets 3 weeks ago
Asian stocks hit record high, dollar wobbles on peace deal hopes
Asian stocks soared to record highs on Thursday while the US dollar slipped and oil nursed steep losses as traders embraced the prospect of a peace deal in the Middle East, although the fate of the critical Strait of Hormuz remains unresolved.
Markets 4 weeks ago
OPEC+ hikes oil production quotas but stays mum on UAE pull-out
Saudi Arabia, Russia and five other OPEC+ countries increased their oil production quota on Sunday in an expected move aimed at demonstrating continuity at the cartel after the shock withdrawal of the United Arab Emirates.
Markets 1 month ago
Asian shares pull back from record highs as oil gains on Iran risk
Iran on Wednesday captured two container ships seeking to exit the Gulf via the Strait of Hormuz, tightening its grip on the crucial waterway, as investors watch if the fragile ceasefire in the Middle East will hold.
