Name: Oil Rangebound as Traders Monitor Iranian and Saudi Developments
Uploaded: 2024-05-20T06:13:05-04:00
Duration: 5 min
Description: (Bloomberg) — Oil traded in a narrow range on Monday as the market watched for any fallout from political ructions in two of the world’s major crude producers. Most Read from Bloomberg Brent hovered around $84 a barrel after posting its first weekly advance this month, while West Texas Intermediate traded near $80. Iran’s President […]

Tag: rangebound

Oil Rangebound as Traders Monitor Iranian and Saudi Developments

(Bloomberg) — Oil traded in a narrow range on Monday as the market watched for any fallout from political ructions in two of the world’s major crude producers. Most Read from Bloomberg Brent hovered around $84 a barrel after posting its first weekly advance this month, while West Texas Intermediate traded near $80. Iran’s President […]

Futures range-bound ahead of long weekend break

(Reuters) – U.S. stock index futures were lackluster on Thursday as investors awaited more data to gauge the state of the economy and the Federal Reserve’s policy path, though activity is expected to be muted heading into a long weekend break. All three major U.S. stock indexes ended higher on Wednesday, with the Dow jumping […]