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Oil prices fell for a third week as concerns over a trade war between the US and China weighed on markets. West Texas Intermediate and Brent futures ended the week down more than 2%.
Published on: February 07, 2025, 10:02 PM UTC
Oil prices fluctuate as geopolitical tensions and trade concerns clash, with Brent crude trading below $76 and WTI hovering near $72. The Trump administration's increased economic pressure on Iran and potential trade war with China impact global market dynamics. Despite concerns over a trade war, analysts predict limited implications for crude commodity markets in the near term.
Published on: February 05, 2025, 05:01 AM UTC
Apple earnings beat estimates; iPhone sales in China decline but CEO says inventory shift is the reason. Analysts remain bullish on the stock, citing better-than-feared results and potential for AI features to boost sales in China.
Published on: January 31, 2025, 06:02 PM UTC