Oil jumps over 2% on tighter market outlook; Brent posts 3% weekly...

Dununu.com Dununu

Gesponsert

Oil jumps over 2% on tighter market outlook; Brent posts 3% weekly gain; US tariffs, Russia sanctions in focus

RSS Feed Business

Posted

67

Oil prices surged over 2% due to IEA's report of a potentially tighter global market driven by strong summer demand. Concerns about new US tariffs and potential sanctions on Russia further fueled the price increase. Despite near-term constraints, IEA increased supply growth predictions while reducing demand forecasts, suggesting a possible future surplus.

Read Full Article

Please log in to like, share and comment!

Kat turns photographer for Vicky, Ranveer, Arjun – WATCH

A throwback video capturing Katrina Kaif's playful side as she turns photographer for Vicky...

Von 0 2

When Elli REACTED to link-up rumours with Salman

Elli AvRam and Ashish Chanchlani recently shared a photo, leading fans to speculate about their...

Von 0 2

Economic Digest: Nepal’s Business News in a Snap

KATHMANDU: Economic Digest offers a concise yet comprehensive overview of significant business...

Von 0 14

Government sets up panel to restructure Association of Indian Universities in line with NEP 2020

Von 0 14

Veteran actor Kota Srinivasa Rao passes away at 83

Renowned actor Kota Srinivasa Rao passed away in the early hours of Sunday at his residence in...

Von 0 18