Oil price news: Oil swings near US$90 with risk of Iran strike on Israel in focus

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Oil cooled some of the previous day’s gains amid a choppy few days of activity as traders continue to watch for a potential attack on Israel by Iran or its proxies.

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on the tableTraders pare rate-cut odds as Bank of Canada waits for more inflation dataEconomists react to Bank of Canada interest rate decisionU.S. inflation refuses to bend, fanning fears it will get stuckRead the full text of the Bank of Canada's latest interest rate decisionThe Daily Chase: Decision day at the Bank of Canada, U.S.

 

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Oil price news: Oil holds above US$90 after Middle East tensions push Brent higherOil held onto Thursday’s large jump as escalating tensions in the Middle East catapulted prices past the US$90-a-barrel threshold.
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Oil price news: Oil prices pop higher as U.S. sees imminent strike on IsraelOil reversed earlier losses and quickly moved higher after it was reported that the U.S. and its allies believe major missile or drone strikes by Iran or its proxies against military and government targets in Israel are imminent.
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Oil price news: Oil rally takes breather with Israel to pull some Gaza troopsOil declined from a five-month high after Israel said it would remove some troops from Gaza, helping to cool some of the previous week’s geopolitics-led gains.
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Israel threatens to strike Iran directly if Iran launches attack from its territoryIsrael's foreign minister threatened Wednesday that his country's forces would strike Iran directly if the Islamic Republic launched an attack from its territory against Israel, as tensions between the rival powers flare following the killings of Iranian generals in a blast at the Iranian consulate in Syria.
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Israel Threatens To Strike Iran Directly If Iran Launches Attack From Its TerritoryIsrael’s Foreign Minister has threatened that its country’s forces would strike Iran directly if the Islamic Republic launched an attack from its territory against Israel.
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Oil price news: Oil climbs toward US$90 as OPEC+ sticks with cuts and U.S. data dueOil climbed from a five-month high after an industry report pointed to a drawdown in US crude inventories, and as OPEC+ ministers affirmed current supply cuts.
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