Market

Oil Prices Jump More Than $1

Oil prices jumped by over a dollar on Wednesday due to the development of the situation in the Middle East and fear of disruption of oil supplies.

Brent futures leapt $1, or 1.36%, to $74.56 a barrel, while US West Texas Intermediate (WTI) crude rose…

Dollar Firm Amid Geopolitical Tensions in Middle East

The dollar held its sharpest gain in a week on Wednesday, amid concerns over the situation in the Middle East.

The US dollar index rose about 0.5% overnight to 101.2, its largest rise since Sept. 25.

Early Asia moves were slight, leaving the euro be…

Oil Holds Steady amid Increased Supply, Weak Global Demand

Oil prices remained stable in early trade on Tuesday, with a potential of increased supply entering the market amid weak global demand growth.

Brent crude futures for December delivery rose 13 cents, or 0.18%, to $71.83 a barrel. US West Texas Interm…