|
|
|
07.10.26 - 11:06
|
Asian Shares Retreat Amid Middle East Concerns (AFX)
|
|
|
BEIJING (dpa-AFX) - Asian stocks ended broadly lower in cautious trade on Wednesday as oil prices climbed and yields rebounded on fears Iran is stepping up attacks on tankers in the Strait of Horm......
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
06.10.26 - 04:48
|
Oil prices hover near $100 as Middle East supply holds up, Gulf risks persist (Times of India)
|
|
|
Oil prices are currently around $100 a barrel as stable Middle Eastern exports ease supply concerns. However, ongoing regional conflicts, including Houthi attacks, raise risks of disruptions. Officials indicate that rebuilding global oil stockpiles could take years due to significant withdrawals. Industry executives predict that demand recovery may not occur until 2028 or 2029. Prices may stabilize at around $70 a barrel depending on future production levels....
|
|
|
|
|
|
|
|
|
|