Gold Heads for Weekly Drop as Mideast War Keeps Oil Prices High
Gold slipped on Friday, on pace for a second weekly decline as the war in the Middle East kept oil prices around $100 a barrel, underpinning global inflationary pressures.
Gold Heads for Weekly Drop as Mideast War Keeps Oil Prices High
Gold slipped on Friday, on pace for a second weekly decline as the war in the Middle East kept oil prices around $100 a barrel, underpinning global inflationary pressures.
FilterBloomberg
Clustered coverageBloomberg
Coverage timeline1
Coverage timeline
Coverage timeline
Ranked reports inside the event cluster. Open any publisher link to read the original coverage.
Related events
Related events
Nearby clusters pulled from title, summary, and keyword similarity in PostgreSQL.
1 report1 sourceSimilarity 0.45
European Gas Set for Weekly Drop as Traders Await Iran War Signs
European natural gas headed for a weekly decline as traders await more signs on how the Iran war will unfold and affect global energy supplies after the initial shock for LNG markets was priced in.
Bloomberg
1 report1 sourceSimilarity 0.44
Dollar Rises to Two-Month High as Oil Prices Hover Near $100
The dollar touched its highest level in two months on Friday, as elevated oil prices sparked worries over inflation and the war in Iran showed no signs of winding down.
Bloomberg
1 report1 sourceSimilarity 0.40
Aluminum Drops From Four-Year High on Fears of Long Iran War
Aluminum fell from its highest since 2022, and other metals declined, as mounting concerns over the economic consequences of a prolonged Middle East war dominated sentiment across markets.
Bloomberg
1 report1 sourceSimilarity 0.37
Brent Oil Trades Near $100 as Iran Vows to Keep Hormuz Closed
Brent crude traded near $100 a barrel following one of the most volatile weeks ever for the oil market, with investors bracing for more upheaval as Iran pledged to keep the vital Strait of Hormuz effectively shut.
Bloomberg
1 report1 sourceSimilarity 0.36
What War in Iran Means for Teapot Oil Refineries in China
A lot of Iranian oil goes to China's so-called "teapot" refineries, which tend to be smaller and owned by independent companies. On this episode of the Odd Lots podcast, Erica Downs, a senior research scholar at…
Bloomberg
1 report1 sourceSimilarity 0.36
Why US easing of oil sanctions comes at perfect time for Russia
The US has further eased sanctions on Russian oil in an attempt to bring soaring energy prices down. The news is a huge boost to the Kremlin, just when it needed one.
DW