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Tag: Brent Crude Forecast

Stock Market: Crude Oil Prices Spike Amid Iran-Israel Clash

Stock Market: Crude Oil Prices Spike Amid Iran-Israel Clash

Brent crude surged more than 11% this week—up from the low-$70s to nearly $77/barrel—as tensions rose with U.S. and Israeli attacks on Iranian nuclear facilities. Analysts are cautioning that further escalation, like Iran blocking the Strait of Hormuz or cutting off oil exports, could push prices to $100–$130/barrel. Stock market is under pressure with Crude […]

Crude Oil Prices Slide to Four-Year Low Amid US-China Trade War

Crude Oil Prices Slide to Four-Year Low Amid US-China Trade War

Crude Oil Prices Slide: Oil prices have fallen sharply due to renewed tensions in the US-China trade relationship. On Wednesday, oil prices dropped nearly 7%, reaching the lowest levels seen in four years. China announced higher tariffs on US goods in response to the US increasing its own tariffs. Brent crude fell to $60.35 per […]

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