4:23 PM ยท 22 October 2024

OIL surges 3% as geopolitical uncertainty rises ๐Ÿ“ˆ

Brent Crude (OIL) rallies more than 3% today, ahead of US API inventories report scheduled at 9:30 PM BST. The major driver of higher oil prices are of course geopolitical tensions. Ukrainian president, Zelenskyy, signalled that approximately 12,000 troops from North Korea are in preparation to join Russia in the war. Israeli media passed that, possible response to Iran may include targeting homes of Iranian official due to Netanyahu assassination attempt, by Hezbollah.

The current jump in oil prices came in after US Secretary Blinken - Netanyahu meeting. Yesterday, Israeli forces informed that the army eliminated Hezbollah's head of money transfers unit, in Syria. The US also charged Iranian Revolutionary Guards officials, according to court documents, also Turkey blocked exports of military-linked goods to Russia after a US warning. Also, very solid macro reports from the US support oil prices momentum.

 

Source: xStation5

9 November 2026, 6:40 PM

Daily Summary: From Panic to Euphoria. The Market Recoups Losses.

9 November 2026, 12:53 PM

Market Wrap: Strong Banking Sector, Sharp Drop in Oil

6 November 2026, 5:37 PM

3 markets to watch next week: GBPUSD, US500, OIL (06.11.2026)

6 November 2026, 4:41 PM

OIL loses after reaching $100 ๐Ÿ“‰Is Iran reviewing a change to its nuclear program?

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissรฃo de Valores Mobiliรกrios (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits