Logo

The Commodities Feed: De-escalation hopes fade

Energy – Oil resumes advance Oil prices saw one of their sharpest intraday swings on record on Monday after President Donald Trump signalled a potential de‑escalation with Iran, triggering a sharp risk‑off move in crude and a rally in equities. Brent fell as much as 14% to $96/bbl following Trump’s comments, before recovering to trade …

Source

Related News

US Natgas Prices Rise after EIA Data

3 days ago

European natural gas prices drop amid hopes for U....

3 days ago

Korea secures 210 million barrels of Saudi, U.S. c...

3 days ago

Shell Delivers Strong First Quarter Results

3 days ago

Saudi Aramco’s $373mln supercomputer to boost upst...

3 days ago