Oil price falls amid hope of a breakthrough to end Iran war

Brent crude drops by more than 6% to $105.55 a barrel, the lowest level in more than two weeks The oil price has fallen to its lowest level in more two weeks amid new hopes of a breakthrough to end the Iran war. Brent crude, the international benchmark, dropped by more than 6.5% to as low as $105.55 a barrel on Monday, the lowest since 16 October, sending shares in airline companies higher and pushing down government borrowing costs. Continue reading...

Read on theguardian.com

This story comes from The Guardian's feed; the full article and all rights belong to the source.

0 0

#Iran #Brent #Oil

Comments (0)

No comments yet. Be the first to comment.

Sign in to write a comment.

Oil price falls amid hope of a breakthrough to end Iran war

Comments (0)

Related news

Intel foundry push faces critical test after stock's 45% plunge in October

2 of our banks are at the heart of this week's biggest tech deals

Prediction market traders now see nearly 75% chance of Democrats winning the Senate

Apple reports after the bell. Options traders expect a big move

We're trimming a rallying industrial stock, looking for its next catalyst post-spinoff

Stock market after midterm elections: What S&P 500 history shows

Wall Street's Fear Index is doing something strange. Here's what it means for stocks

Jim Cramer's top 10 things to watch in the stock market Monday

We're buying the dip in a stock after an expectations reset

Defense, healthcare, crypto and AI: How the midterm election could affect stocks

Barclays to begin car finance payouts months before outcome of legal challenge

U.S. crude falls below $100 amid reports of U.S.-Iran diplomatic efforts

The AI trade has broken down. How we got here and what investors should expect next

Here are 3 big things we're watching in the stock market in the week ahead

Everything changed for the oil, AI and bond trades over the past month

Top Wall Street analysts are bullish on these 3 stocks for the long haul

The midterm election could reshape the muni bond market. Here’s what investors need to know

Stocks started the week with promise but ended in despair. Our take on the big reversal

Berkshire ekes out some new highs, but October rally stalls

How Ambani’s Jio became India’s second-largest company

Jim Cramer says it's time to look beyond tech. Here are 4 consumer stocks he likes

Cramer’s week ahead: Expect more volatility as tech earnings, midterms loom

Intel’s stock crashes, knocking $12B from government’s stake

Tech gets crushed, defensive stocks shine. How we're making sense of it all