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Crude Oil - Traders Speculate on $110 Oil As Middle East Tensions Escalate
While oil prices have been struggling to move above $80 per barrel for weeks, some traders have bet on oil hitting as high as $110 a barrel in the early spring. It looks like some speculators are ...
Oil tanker boarded by armed men in military uniform in Gulf of Oman
Several armed “unauthorised persons” in military style uniforms have boarded an oil tanker in the Gulf of Oman, officials say.
Oil tanker in the Gulf of Oman boarded by 'unauthorised' men in military uniforms
The situation remains unclear but suspicion immediately fell on Iran, as the vessel was once involved in a dispute with the US Justice Department that saw a million barrels of Iranian crude oil seized ...
Oil tanker stormed by ‘masked men in military uniforms’ near Iran as UK poised to launch strikes on Houthis
MASKED men in military uniforms have stormed an oil tanker off the coasts of Iran and Oman. It comes as British and US warships have been readied to blitz Houthi rebels in the Red Sea as tensions ...
Oil Prices Forecast: Middle East Tensions, Upcoming US CPI Data Add to Market Uncertainty
Crude oil sentiment experiences turbulence due to geopolitical tensions in the Middle East and the looming anticipation of Thursday’s CPI data. Oil prices saw a day of mixed trading due to escalating ...