No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, October 30, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Oil steady as market weighs supply risk from attacks on Russian refineries

by TheAdviserMagazine
1 month ago
in Business
Reading Time: 2 mins read
A A
Oil steady as market weighs supply risk from attacks on Russian refineries
Share on FacebookShare on TwitterShare on LInkedIn


Oil prices held steady in early trade on Tuesday after rising in the previous session, as market participants contemplated potential supply disruption from Russia after Ukrainian drone attacks on its refineries.

Brent crude futures edged up 4 cents to $67.48 a barrel by 0000 GMT while U.S. West Texas Intermediate crude was at $63.32, up 2 cents. On Monday, Brent settled up 45 cents at $67.44 while WTI settled 61 cents higher at $63.30.

Ukraine has intensified attacks on Russia’s energy infrastructure in an attempt to impair Moscow’s war capability, as talks to end their conflict have stalled.

“Heightened fears of supply disruptions from Russia, a key producer accounting for over 10% of global oil output” is helping oil prices, IG market analyst Tony Sycamore said in a client note.

U.S. Treasury Secretary Scott Bessent on Monday said the government would not impose additional tariffs on Chinese goods to encourage China to halt purchases of Russian oil unless European countries hit China and India with steep duties of their own.

Live Events

Investors are also watching out for the U.S. Federal Reserve’s September 16-17 meeting at which the bank is widely expected to cut interest rates. Lower borrowing costs could boost fuel demand. “A weaker U.S. dollar, driven by expectations of a Federal Reserve rate cut this week, further supported crude oil,” Sycamore said. The U.S. dollar index, which measures the greenback’s strength against six peers, slipped to a nearly one-week low. A weaker dollar makes oil less expensive for holders of other currencies.

Adding to the risk profile of Middle Eastern oil supply, the Israeli military launched a ground offensive on Monday to occupy Gaza City, Axios reported citing Israeli officials.

Meanwhile, U.S. and Chinese officials said on Monday they have reached a framework agreement to switch short-video app TikTok to U.S.-controlled ownership in a rare breakthrough in months-long talks.

Previous instances of easing U.S.-China trade tension have boosted risk sentiment and increased oil demand expectations.

Add ET Logo as a Reliable and Trusted News Source



Source link

Tags: attacksmarketoilrefineriesRiskRussiansteadySupplyweighs
ShareTweetShare
Previous Post

Appeals court rejects Trump’s bid to oust Lisa Cook from the Fed ahead of interest rate decision

Next Post

Automated Investing Made Simple | Intuit TurboTax Blog

Related Posts

edit post
AI bubble talk grips the market. But in the C-suite there’s more FOMO over AI’s benefits than fear of an AI bustup

AI bubble talk grips the market. But in the C-suite there’s more FOMO over AI’s benefits than fear of an AI bustup

by TheAdviserMagazine
October 30, 2025
0

Hello and welcome to Eye on AI. In this edition…Nvidia becomes the first $5 trillion market cap company…Anthropic finds AI...

edit post
AI capex boosts from tech giants should benefit Credo, Micron, others: BNP Baripas

AI capex boosts from tech giants should benefit Credo, Micron, others: BNP Baripas

by TheAdviserMagazine
October 30, 2025
0

Oct. 30, 2025 12:03 PM ETMicrosoft Corporation (MSFT) Stock, GOOG Stock, GOOGL Stock, META StockCIEN, AMD, STX, WDC, NVDA, CLS,...

edit post
The uncomfortable secret of successful people: Forget work-life balance, you have to be ‘obsessed’, ex-Wall Streeter and business coach says

The uncomfortable secret of successful people: Forget work-life balance, you have to be ‘obsessed’, ex-Wall Streeter and business coach says

by TheAdviserMagazine
October 30, 2025
0

While casual side hustles can sometimes pay off, the most successful people prioritize their passion to turn it into profit. ...

edit post
Motilal Oswal Q2 Results: PAT plunges 68% YoY to Rs 362 crore, but posts record operating profit

Motilal Oswal Q2 Results: PAT plunges 68% YoY to Rs 362 crore, but posts record operating profit

by TheAdviserMagazine
October 30, 2025
0

Motilal Oswal Financial Services Ltd (MOFSL) reported 68% year-on-year (YoY) decline in its consolidated net profit at Rs 362 crore....

edit post
India to approve deals worth .7b for Israeli defense missiles

India to approve deals worth $3.7b for Israeli defense missiles

by TheAdviserMagazine
October 30, 2025
0

India's Defense Procurement Procedure Administration, headed by Minister of Defense Rajnath Singh, will meet on November 23 to approve...

edit post
Figma acquires Israeli startup Weavy for 0m

Figma acquires Israeli startup Weavy for $200m

by TheAdviserMagazine
October 30, 2025
0

US design software company Figma (NYSE: FIG) has announced the acquisition of Israeli AI powered design workflows company Weavy....

Next Post
edit post
Automated Investing Made Simple | Intuit TurboTax Blog

Automated Investing Made Simple | Intuit TurboTax Blog

edit post
Quarterly Vs Semi-Annual Earnings Reports

Quarterly Vs Semi-Annual Earnings Reports

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
How to Choose a Financial Advisor – 6 Things to Consider

How to Choose a Financial Advisor – 6 Things to Consider

0
edit post
The Prompting Company snags .5M to help products get mentioned in ChatGPT and other AI apps

The Prompting Company snags $6.5M to help products get mentioned in ChatGPT and other AI apps

0
edit post
Insurance Predictions For 2026

Insurance Predictions For 2026

0
edit post
Commonwealth advisors leave for Cetera, Osaic, Raymond James

Commonwealth advisors leave for Cetera, Osaic, Raymond James

0
edit post
Sagi’s Winvia raises £40m at company valuation of £205m

Sagi’s Winvia raises £40m at company valuation of £205m

0
edit post
Can the IRS Require Personal Information for a Business Tax Debt? – Houston Tax Attorneys

Can the IRS Require Personal Information for a Business Tax Debt? – Houston Tax Attorneys

0
edit post
Commonwealth advisors leave for Cetera, Osaic, Raymond James

Commonwealth advisors leave for Cetera, Osaic, Raymond James

October 30, 2025
edit post
Ava Labs Transfers BTC.b Infrastructure to Lombard for Multi-Chain Use

Ava Labs Transfers BTC.b Infrastructure to Lombard for Multi-Chain Use

October 30, 2025
edit post
6 Reasons There Are So Many Tiny Homes For Sale

6 Reasons There Are So Many Tiny Homes For Sale

October 30, 2025
edit post
Market Talk – October 30, 2025

Market Talk – October 30, 2025

October 30, 2025
edit post
AI bubble talk grips the market. But in the C-suite there’s more FOMO over AI’s benefits than fear of an AI bustup

AI bubble talk grips the market. But in the C-suite there’s more FOMO over AI’s benefits than fear of an AI bustup

October 30, 2025
edit post
Powell forced to stave off uprisings in markets and on his own Fed board as his term ends

Powell forced to stave off uprisings in markets and on his own Fed board as his term ends

October 30, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Commonwealth advisors leave for Cetera, Osaic, Raymond James
  • Ava Labs Transfers BTC.b Infrastructure to Lombard for Multi-Chain Use
  • 6 Reasons There Are So Many Tiny Homes For Sale
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.