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Crude oil prices continue to rise, jump 40% in March amid US-Iran war: Can they rally more?

Buzz line4 hours ago06 mins

US-Iran war: Oil prices advanced on Monday, March 16, as investors refocused on potential risks to Middle East energy infrastructure, even after US President Donald Trump urged nations to help protect the Strait of Hormuz, a key passage for global oil shipments. Brent crude futures rose $1.27, or 1.2%, to $104.41 a barrel, following a…

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Oil falls 2% on looming supply glut, hopes of Ukraine peace deal

Buzz line3 months ago04 mins

HOUSTON, – Oil prices settled more than 2% lower on Friday as investors weighed a looming global supply glut, while also keeping an eye on a potential Ukraine peace deal ahead of talks this weekend between Ukrainian President Volodymyr Zelenskiy and US President Donald Trump. Brent crude futures settled down $1.60 or 2.57% to $60.64…

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