Tag: Oil price
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WTI Rises Above $57.50 as Geopolitical Tensions Persist
Overview: WTI edges higher amid geopolitical tension West Texas Intermediate (WTI), the U.S. crude benchmark, is trading around $57.85 in early European trading on Tuesday, extending a recent rally as geopolitical risks remain high and there is no breakthrough yet on a peace deal in Ukraine. The move above $57.50 underscores how investors are weighing…
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FTSE 100 Dips as Gold Pullback and Easing Gaza Tensions Weigh on Markets
FTSE 100 slips as gold loses momentum and defence stocks retreat The FTSE 100 gave back some of Friday’s gains as gold prices cooled and easing geopolitical tensions in the Middle East dampened demand for defence stocks. By mid-morning, London’s blue-chip index was hovering around 9,498, down modestly as miners and energy shares weighed on…