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Oil Prices Drop, but Iran-Israel Conflict Raises Many Risks
The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude remains below the $80 average for 2024, the Deutsche Bank analysts wrote. The market continued to waver, though, and by Monday, oil prices had fallen about 3 percent.
With the exception of Russia’s invasion of Ukraine, big swings in oil have been driven by broader geoeconomic trends ...
Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.
This latest iteration of the Middle East crisis is both familiar and unfamiliar. We’re all back obsessing about the oil price ...
I avoid long-term oil investments due to unpredictable price swings, but high implied volatility now creates an opportunity ...
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