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The Latest Breaking News from Oil

Oil Price Today (June 1): Crude oil gains over 2% as Israel attacks Iran-backed Hezbollah. What are experts saying?

Oil prices surged over 2% as Israel advanced troops into Lebanon. This escalation follows peace talks and weakens hopes for a U.S.-Iran ceasefire extension. Crude futures saw significant gains. The conflict, a spillover from the Iran war, has impacted global oil flows. Analysts suggest a prolonged Strait of Hormuz closure…

The Economic Times

AAP Rolling News Bulletin June 1, 1200

AAP Rolling News Bulletin for June 1 at 1200

AAP

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AAP Rolling News Bulletin for June 1 at 1130

AAP

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USD rate today: Check U.S Dollar against Euro, Yen, Sterling

U.S. nonfarm payrolls data due on June 5 are expected to show an unemployment rate of 4.3 per cent and an increase of 85,000 jobs.

The Economic Times

Ukraine war briefing: Big drone deal awaits Trump signature, says Zelenskyy

Both sides can use each other’s expertise, Ukrainian president stresses; more Russian oil facilities burning after attacks. What we know on day 1,559

The Guardian - AU

Global Market Today: Asian stocks count on AI boom to offset Gulf risks

Asian markets rose Monday, buoyed by AI demand, despite Middle East tensions impacting oil prices. Investors await U.S. payrolls data, with the Federal Reserve's rate hike outlook influencing currency markets. Gold remained stable as inflation hedges saw little support.

The Economic Times

AAP Rolling News Bulletin June 1, 1100

AAP Rolling News Bulletin for June 1 at 1100

AAP

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Oil prices rise more than 2% as Israel steps up incursion into Lebanon

Oil prices surged over 2% as intensified fighting between Israel and Hezbollah in Lebanon overshadowed hopes for a ceasefire extension with Iran. Stepped-up conflict, despite a prior truce, dimmed expectations for a deal, while concerns over mines in the Strait of Hormuz further tightened supply outlooks.

The Economic Times

AAP Rolling News Bulletin June 1, 1030

AAP Rolling News Bulletin for June 1 at 1030

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AAP Rolling News Bulletin June 1, 1000

AAP Rolling News Bulletin for June 1 at 1000

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AAP Rolling News Bulletin for June 1 at 0930

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Woman Goes To Walmart For An Oil Change. Then She Overhears The Manager: ‘I Have Been Here An Hour And 30 Minutes'

"It’s all Walmarts."

Motor1

AAP Rolling News Bulletin June 1, 0900

AAP Rolling News Bulletin for June 1 at 0900

AAP

Wall Street may have solved a nagging mystery in global oil markets as doomsday scenarios have yet to arrive

China has quietly emerged as the global oil market's stealthy swing consumer, potentially holding off doomsday a while longer.

Fortune

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AAP

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AAP Rolling News Bulletin June 1, 0530

AAP Rolling News Bulletin for June 1 at 0530

The Economic Times

Raise it, regulators: A repo rate hike - 50 bps increase to 5.75 perhaps - will reduce CAD, incentivise capital flows

India's monetary policy committee faces a complex decision. Delayed economic growth data and an unknown US Federal Reserve policy create significant challenges. Inflation is rising while growth slows. The committee must navigate these uncertainties to set interest rates. The government is already taking steps to manage the economy. The committee's…

AAP

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AAP Rolling News Bulletin for June 1 at 0500

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International Business Times

EU May Freeze Price Cap On Russian Oil Purchases As Iran Turmoil Continues

The hopes of an end to the conflict are also not concrete, given the back-and-forth negotiations between the Trump administration and the Iranian regime.

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