Tag: Iran

Instant view: Oil, Japan's yen up on reports Israeli missiles hit Iran

 stock analyst  04/19/2024  0 Comments on Instant view: Oil, Japan's yen up on reports Israeli missiles hit Iran

(Reuters) – Oil and gold prices rose and Japan\’s yen rallied on Friday on reports Israeli missiles have hit a site in Iran.

Iran attack: Analysts weigh in on what could be next for oil prices

 stock analyst  04/15/2024  0 Comments on Iran attack: Analysts weigh in on what could be next for oil prices

Citi Research commodity strategists believe the initial impact of Iran’s April 13 attack on Israel will be for oil prices to drop below $90 per barrel.

What’s next for oil? Analysts weigh in after Iran’s attack

 stock analyst  04/15/2024  0 Comments on What’s next for oil? Analysts weigh in after Iran’s attack

Citigroup Inc.’s base case is for tensions to remain “extremely high” in the Middle East, underpinning prices. That’s prompted the bank to raise its short-term price forecasts, with the three-month target for West Texas Intermediate increased by $8 a barrel.