Tag: m.east
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Oil prices sink as Fed meeting looms, M.East fears on backburner
[ad_1] Investing.com– Oil prices fell in Asian trade on Monday, reversing a bulk of gains made in the prior session as anticipation of a Federal Reserve meeting and key economic readings this week spurred some profit-taking. Traders remained watchful of the Israel-Hamas war, after Israel over the weekend launched a ground assault on Gaza. But…
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Oil prices extend losses amid M.East uncertainty, Venezuela deal talk
[ad_1] Investing.com– Oil prices fell in Asian trade on Tuesday, extending recent losses after reports suggested that the U.S. could potentially relax its sanctions on Venezuela’s oil industry. A lack of immediate escalation in the Israel-Hamas war also spurred bets that the conflict will not spill over into the broader Middle East region, as U.S.…