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WARREN PATTERSON
Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...- Erin Patterson mushroom murder case: triple killer faces life sentence in historic live broadcastErin Patterson, convicted of triple murder using poisonous mushrooms, awaits sentencing Monday, September 8, in Victoria's Supreme Court. T...
- Oil edges lower on 2025 supply surplus forecast, but set to notch weekly gainOil prices dipped slightly on Friday amid predictions of ample supply, despite anticipated higher demand from Chinese stimulus. Non-OPEC+ n...
- Oil prices fall on stronger dollar as polls start closing in US electionOil prices dipped on Wednesday as the U.S. presidential election between Donald Trump and Kamala Harris remained tight. The close race caus...
- Oil steadies below $70 after demand concerns intensify routOil prices steadied after a sharp selloff drove Brent crude below $70 a barrel for the first time in over two years. Concerns about slowing...
- Oil prices fall as weak demand overshadows Libya blockadeBrent oil prices dropped in Asian trade on Tuesday as concerns about weakened demand in China outweighed the effects of a blockade on Libya...
- Oil drops as US recession fears spark broader selloffOil fell on Monday, trailing a stock market selloff sparked by fears of a U.S. recession, though declines were limited by Libyan supply los...
- Oil little changed after death of Iran's president, Saudi king's ill healthOil prices steadied on Monday amid political uncertainty in major producing countries after Iran's president died in a helicopter crash and...
- Oil prices climb amid uncertainty over Iran president's fateBrent rose 26 cents, or 0.3% to $84.24 a barrel by 0049 GMT. U.S. West Texas Intermediate crude (WTI) gained 15 cents, or 0.2% to $80.21 a ...
- Oil nudges higher after Saudi Arabia hikes pricesBrent crude futures climbed 28 cents, or 0.3%, to $83.24 a barrel at 0119 GMT, while U.S. West Texas Intermediate crude futures were at $78...
- Oil nudges higher after Saudi Arabia hikes pricesOil prices rose slightly as Saudi Arabia increased its June crude prices for key regions and the possibility of a Gaza ceasefire diminished...
- Oil prices surge 3% on reports of Israeli strikes on IranBrent futures jumped $3.03, or 3.5%, to $90.14 a barrel by 0147 GMT, and U.S. West Texas Intermediate crude rose $3.03, or 3.7%, to $85.76 ...
- Oil breathes easy on troop withdrawal moveOil has rallied recently on escalating tensions in the Middle East and supply shocks, raising the prospect of the global benchmark reaching...
- Oil edges higher as tighter supply looms, growth concerns weighOil prices increased slightly on Monday despite concerns about weak global growth that could impact fuel demand. The increase in prices fol...
- Oil falls on demand concerns as impact of Russian output cut fadesOil prices may resume their rally back to $100 a barrel later this year on China's demand recovery and limited supply growth due to a lack ...
- Brent bounces above $101/bbl as focus returns to suppliesHe added that it's hard to be overly bearish on oil prices as the Brent monthly spreads remain in wide backwardation, indicating tight supp...
- Oil tumbles on global economic worries, strong dollarThe fall in oil prices reflected trends in global financial markets as investors shed riskier assets on worries about higher interest rates...
- Gold ticks up on Sino-US tensions over Hong KongGold is seen as a safe-haven asset during political and economic uncertainties.
- Gold retreats from 7-year high, but virus fears limit lossesUS gold futures fell 1.6 per cent to $1,650.60.
- Oil prices rise amid Saudi tensions, but demand outlook dragsBrent crude oil jumped by $1.49 a barrel to a high of $81.92 before slipping to $80.83.
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