Latest news with #oilmarket
Zawya
2 hours ago
- Business
- Zawya
Kuwait crude oil up $1.29 to $77.46 pb
KUWAIT -- The Kuwaiti crude oil price rose by USD 1.29 during Thursday's trading to reach USD 77.46 per barrel (pb),compared with USD 76.17 pb the day before, Kuwait Petroleum Corporation (KPC) said Friday. Brent futures also rose by USD 2.15 to USD 78.85 pb and West Texas Intermediate went up by USD 2.06 to USD 77.20 pb. All KUNA right are reserved © 2022. Provided by SyndiGate Media Inc. (
News.com.au
2 hours ago
- Business
- News.com.au
What the Israel-Iran conflict means for the oil market
ANZ Senior Commodity Strategist Daniel Hynes breaks down three potential scenarios concerning the Israel-Iran conflict's impact on the oil market. 'Certainly, tensions have ratcheted up over the past week,' Mr Hynes told Sky News Business Reporter Edward Boyd. 'We've sort of broken it down into three main scenarios: one being we get an extended conflict where Israel and Iran exchange missiles, but we don't see any sort of major supply disruptions. 'Things could escalate, and that would certainly bring greater risk to the oil market – we'd potentially see a huge amount of supply at risk, particularly through the Strait of Hormuz. 'The final scenario being that the conflict essentially subsides.'
Yahoo
3 hours ago
- Business
- Yahoo
Return of Risk Appetite Into European Equities: Nandra
"I think we are seeing a return of risk appetite back into European equities that's over that kind of medium-to-long-term," Jupiter Asset Management Equities Head Kiran Nandra tells Bloomberg Television. She also comments on the oil market in the current geopolitical climate, as tensions between Iran and Israel continue. "We'd be looking at companies which have those much more resilient supply chains that kind of deal with the kind of higher oil prices."
Yahoo
3 hours ago
- Business
- Yahoo
Return of Risk Appetite Into European Equities: Nandra
"I think we are seeing a return of risk appetite back into European equities that's over that kind of medium-to-long-term," Jupiter Asset Management Equities Head Kiran Nandra tells Bloomberg Television. She also comments on the oil market in the current geopolitical climate, as tensions between Iran and Israel continue. "We'd be looking at companies which have those much more resilient supply chains that kind of deal with the kind of higher oil prices."
Bloomberg
4 hours ago
- Business
- Bloomberg
Return of Risk Appetite Into European Equities: Nandra
"I think we are seeing a return of risk appetite back into European equities that's over that kind of medium-to-long-term," Jupiter Asset Management Equities Head Kiran Nandra tells Bloomberg Television. She also comments on the oil market in the current geopolitical climate, as tensions between Iran and Israel continue. "We'd be looking at companies which have those much more resilient supply chains that kind of deal with the kind of higher oil prices." (Source: Bloomberg)
