US-Iran peace deal. Brent crude futures rose 47 cents, or 0.6%, to $79.43 per barrel, while US West Texas Intermediate (WTI) crude advanced 48 cents, or 0.6%, to $76.53 per barrel ....
The interim agreement, expected to be signed on Friday, would grant Tehran significant economic incentives, including the immediate ability to resume oil sales ... .
Gift Nifty was trading around 24,032 level, a premium of nearly 31 points from the Nifty futures’ previous close, indicating a flat-to-positive start for the Indian stock market indices ....
MatthewPeter from QIC talks about the RBA's decision to hold rates as it works through the second-order effects of higher oil prices. He also thinks the RBA is trying to signal that rates might be kept steady even if the Strait of Hormuz reopens ... .
NEW YORK — Oil prices sank again Tuesday and dropped below $80 per barrel for the first time since early March, while U.S. stocks drifted near their all-time highs in mixed trading ... .
... supply of base oils. Today, the challenge isn't just price, it's also availability, planning and navigating a market that is being shaped by supply rather than demand.