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US Stock Futures Fall, Oil Climbs on Trump Threats: Markets Wrap
(Bloomberg) -- US equity-index futures fell and oil extended gains after President Donald Trump signaled a sharp escalation in the Iran war, heightening the risk of an energy shock already weighing on the global economic outlook. Futures contracts…
'It's all fear and headlines': energy traders race to keep pace with volatile oil markets
On the weekend that US-Israeli drones first began to rain down on Tehran, energy traders across the world's major financial centres began to redraw their strategies. When they returned to their trading desks on that March Monday morning, they found…
Oil Futures Rise Amid Increased Supply Disruption Concerns
2338 GMT — Oil futures rise in early trade amid increased concerns over supply disruptions spurred by President Trump's remarks over the weekend. Trump threatened to destroy all of Iran's power plants if the nation's leaders don't agree to…
OPEC nations agree to adjust oil production: What to know
With gas prices climbing across much of the world and the Iran war continuing to disrupt global energy flows, the eight countries who are a part of the Organization of the Petroleum Exporting Countries (OPEC) met on Sunday to implement a new round…
Iranian drone strikes hit Kuwait's oil infrastructure before Opec+ supply talks
Iranian drones have struck Kuwait's oil infrastructure, causing “severe material damage” that threatens to further disrupt oil supplies already hit by the US-Israel war on Iran. The drone strikes on Sunday came hours before members of…
Stock futures slip after a winning week as oil prices tick higher: Live updates
Stock futures fell on Sunday, following a winning week, as traders continue to monitor the latest developments in the U.S.-Iran war and oil prices rose. Dow Jones Industrial Average futures lost 253 points, or 0.5%. S&P 500 and Nasdaq-100 futures…
Swans free of oil after spill in Cleethorpes park
Emma Petrie East Yorkshire and Lincolnshire A wildlife rescue says it has 'stepped back' from attempting to capture two swans found covered in oil at a Lincolnshire country park. A spill affecting part of the lake at Cleethorpes Country Park was…
Oil prices rise again after Trump threatens to strike Iran's power plants
Oil prices rose at market open after President Donald Trump leveled a profanity-laden threat against Iran on Sunday. The president said if Iran didn't open the Strait of Hormuz by Tuesday, the US would target its power plants and bridges. As of 6…
Airman Rescued, Oil Gains as Trump Sets New Ultimatum, More
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Oil Gains as Middle East War Escalates With Trump's Iran Threats
Oil gained as President Donald Trump imposed a fresh deadline on Iran and escalated threats to strike power plants and other infrastructure if the Strait of Hormuz is not reopened. Brent climbed above $111 a barrel, while West Texas Intermediate…
Watch OPEC+ Plans Symbolic Oil Quota Hike for May
OPEC+ Plans Symbolic Oil Quota Hike for May Bloomberg News Equities Reporter Natalia Kniazhevich joins Joe Mathieu and Christina Ruffini on Bloomberg This Weekend to discuss the latest impact the war in Iran is having on the energy markets. Watch…
Oil Prices Climb Further After Trump's Threats to Tehran
U.S. oil futures opened higher Sunday evening after President Trump ramped up his threats toward Iran ahead of a Tuesday deadline he has set for the country to allow tanker traffic through the vital Strait of Hormuz oil-shipping lane. West Texas…
John Constable's oil study a major find, says Suffolk historian
The discovery of an oil study by John Constable that could sell for about £350,000 at auction has been described as 'very significant' by a historian. Constable's practice painting for his 1826 artwork The Cornfield will be sold at auction on…
Oil climbs anew on mixed signals about Iran war's future
Brent crude oil climbed more than 1% to above $110 per barrel when markets opened Sunday amid mixed signals about the Iran war that's creating unprecedented disruption to global energy flows. Why it matters: President Trump is signaling major…
Japanese hot spring closes as war drives up oil prices, halting heavy fuel supply
A hot spring in Gifu Prefecture has suspended operations due to rising crude oil prices caused by the ongoing conflict between the US, Israel, and Iran, which has disrupted its supply of heavy fuel oil. SCROLL TO CONTINUE WITH CONTENT Ikeda Onsen…
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