Oil prices are climbing as geopolitical tensions between the US and Iran intensify. Analysts expect crude prices to remain within a specific range for now. Current market prices do not indicate a major structural disruption to global oil supplies. Investors are also closely monitoring upcoming crude oil inventory data. This data could influence near-term price direction for the commodity. Oil prices are climbing as geopolitical tensions between the US and Iran intensify. Analysts expect crude prices to remain within a specific range for now. Current market prices do not indicate a major structural disruption to global oil supplies. Investors are also closely monitoring upcoming crude oil inventory data. This data could influence near-term price direction for the commodity.
Trending
- ‘5,200 applications have been received’ for CEO post: Ram Mandir Trust holds second meeting after donation row
- BPCL posts Rs 3,962 crore Q1 loss as high crude prices squeeze fuel margins
- ‘Unacceptable in a democratic society’: SC bar bodies condemn police action against protesters, lawyers during CJP march
- Why 90% of people are right-handed: Scientists trace the answer back millions of years
- Delhi ACP injured in fresh stone-pelting near Tolstoy Marg as CJP protest continues at Jantar Mantar
- ‘Used to getting punched’: Rahul Gandhi says he is ‘ready to take many more’ after detention during NEET protest
- Evening news wrap: Sonam Wangchuk sets condition for ending fast; Rahul Gandhi demands Dharmendra Pradhan’s exit over NEET row & more
- A silent coral reef came back to life after scientists played recordings of healthy reefs underwater