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Tag: oil prices

Oil prices collapsed 30% on Iran deal but Strait closure threatens rebound

Crude oil prices fell almost 30 percent over the past month, dropping…

Shekari Philemon

Oil falls and global stocks rally after US-Iran ceasefire deal

Financial markets around the world moved decisively on June 15 in response…

Shekari Philemon

Oil prices fall as demand destruction takes its toll

When oil prices start to come down, the instinct is to treat…

Shekari Philemon

Oil could surge far beyond current levels if the Hormuz blockade is fully enforced

Oil prices surged past $103 a barrel on Monday following the breakdown…

Shekari Philemon

Airlines cancel flights as jet fuel runs dangerously low

The disruption to global air travel that began with rising ticket prices…

Shekari Philemon

Trump declares other countries must take the lead on the Strait of Hormuz as markets brace for the worst

President Trump used his prime-time national address Wednesday night to declare that…

Shekari Philemon

Bank of America rips up its economic forecasts and braces for $100 oil all year on Iran war fallout

Bank of America has significantly revised its economic outlook, warning that the…

Shekari Philemon

Trump’s Iran address raises more alarms than answers as the unpopular war enters its second month

President Trump addressed the nation from the White House on Wednesday evening…

Shekari Philemon

Dow, S&P 500 and Nasdaq futures stumble hard after Trump’s Iran address rattles markets

Wall Street futures slid Thursday morning after a nationally televised address from…

Shekari Philemon

Bond markets are doing what the Fed is too cautious to do right now

The Federal Reserve finds itself in an unusually uncomfortable position. With oil…

Shekari Philemon