Logo

Oil trading playbook: key levels to watch now

Crude oil prices extended their sharp rally on Tuesday, leaving up roughly 15% since Friday’s close after U.S. and Israeli strikes on Iran heightened fears of supply disruptions across the Middle East. This week’s move has been driven primarily by escalating tensions around the Strait of Hormuz following the weekend strike that killed Iran’s Supreme …

Source

Related News

Marinakis’ CCEC partners with BGN on LNG vessel ve...

1 day ago

DHT Holdings provides business update for (TCE) ch...

1 day ago

IEA ready to release oil stockpiles if Iran war wo...

1 day ago

Bessent says China hoarding oil, limiting exports ...

1 day ago

Kang Hoon-sik secures Qatar energy pledges and lau...

2 days ago