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Trump announces two-week ceasefire in Iran

Tech Insider : Business, Style

With just 90 minutes until Tuesday's looming 8 pm deadline for US strikes in Iran, President Donald Trump announced a two-week ceasefire.

Russian crude exports are rising despite pledge to cut, helping keep oil prices in check

Tech Insider
Crude oil tanker
Crude oil tanker

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The drop in oil prices is just a 'ploy' as speculators pretend demand is weak, Saudi Arabia energy minister says

Tech Insider
Prince Abdulaziz bin Salman
Saudi Arabian Energy Minister Prince Abdulaziz bin Salman.

REUTERS/Satish Kumar

Oil prices are at their lowest level since August. Here's everything moving crude markets.

Tech Insider
Israeli soldiers work to secure residential areas following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, southern Israel October 7, 2023.
Israeli soldiers work to secure residential areas following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, southern Israel October 7, 2023.

REUTERS/Ammar Awad

Demand destruction will outweigh a wider Mideast conflict in oil markets, JPMorgan says

Tech Insider : Economy
Israeli army tanks gathered near the Gaza border.
The Israeli army deployed troops and armored vehicles to the Gaza border as the deadline to evacuate northern Gaza approached.

Mostafa Alkharouf/Anadolu via Getty Images

Oil prices jump again as explosion at Gaza hospital jacks up tensions in the Middle East

Tech Insider
israel evacuation
Residents of the southern Israeli city of Netivot bordering the Gaza Strip wait near a bus before being evacuated to central Israel on October 7, 2023.

Gil Cohen-Magen/AFP via Getty Images

At least $12 trillion in oil industry investments are needed to prevent a spike in energy prices, OPEC chief says

Tech Insider
Oil drilling
Oil drilling

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Oil is heading for $100 a barrel – and that could spoil everything for the Fed

Tech Insider : Economy, Economy
Oil drilling
Oil prices are nearing $100 a barrel.

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The biggest oil deficit since 2007 will hit in the 4th quarter as Saudi Arabia cuts supply

Tech Insider : Economy
oil worker barrels
A worker prepares to transport oil pipelines to be laid for the Pengerang Gas Pipeline Project at an area 40km (24 miles) away from the Pengerang Integrated Petroleum Complex in Pengerang, Johor, Malaysia.

Reuters/Edgar Su

The banking crisis hammered crude oil prices so much that OPEC stepped in with a shock 1 million-barrel-a-day production cut

Tech Insider
OPEC OPEC+ oil producers oil price
The banking crisis hammered crude oil prices so much that OPEC stepped in with a shock 1 million-barrel-a-day production cut.

Ramzi Boudina/Reuters

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