Crude oil products experience a sharp decline. What are the influencing factors? This article examines the logic behind the decline in crude oil and market focus.
Crude oil products opened lower today, with market analysts attributing the decline to easing Middle East geopolitical tensions and the impact on supply and demand dynamics. For more details, please read on.
WTI Crude Rebounds, But Bearish Bias Holds
Oil Prices Drop After Israeli Airstrikes Spare Iran's Oil Facilities; U.S. Stock Futures Rise
Oil prices plummeted at the opening! Israeli airstrikes did not target Iranian energy and nuclear facilities.
①Although Israel launched a new round of airstrikes against Iran over the weekend, the apprehension of market investors was instead relieved at the beginning of this week; ②Because Israel's targets did not include Iran's energy and nuclear facilities, this led to a significant drop in crude oil prices on Monday, and safe-haven asset gold also experienced a slight pullback...
Oil Prices Drop As Israeli Airstrikes Spare Iran's Oil Facilities
Exciting market news! Gold price plummeted more than $17 after opening sharply lower, oil price plunged more than 5%. Both Israel and Iran have major news.
24K99 News: After the start of trading in the asia market on Monday (October 28), the commodity market experienced a major rally. Gold and crude oil prices both plummeted after the opening. The relatively small scale of the Israeli attacks over the weekend has led some market participants to speculate that the tense situation may not escalate significantly.