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The post Crude Oil Prices: WTI Falls Below $102, Brent Under $107 appeared on BitcoinEthereumNews.com. Crude oil prices moved lower on Wednesday, with WTI crude futures falling below $102 per barrel and Brent crude slipping under $107, snapping a three-day rally as of writing. The pullback came even as supply risks tied to the Middle East conflict remained unresolved, leaving markets in a fragile balance between easing momentum and underlying tension. Oil Retreats Despite Lingering Supply Risks Prices eased after recent gains, yet the broader backdrop still points to constrained supply. The ongoing conflict between the United States and Iran continues to limit oil flows through the Strait of Hormuz, a critical route for global energy shipments. While prices declined, traders did not interpret the move as a resolution of supply concerns. Why did prices fall if the situation remains tense? The answer lies in short-term positioning. Markets often react to immediate signals, and the lack o
Read full articleThe closure of the Strait of Hormuz exacerbates global inflation risks, impacting commodity markets and complicating monetary policy decisions. The post Middle East conflict closes Strait of Hormuz, spikes crude oil prices appeared first on Crypto Briefing.
The post LIVE: Oil jumps, stocks wobble and Bitcoin holds $81,000 after Trump rejects Iran ceasefire offer appeared on BitcoinEthereumNews.com. Dow futures, S&P 500 futures, and Nasdaq 100 futures all slipped 0.1% after last week’s strong rally. The S&P 500 and Nasdaq Composite just logged their sixth straight winning week, their first such run since 2024. Oil prices jumped more than 2%, with WTI at $97.88 and Brent at $103.93, as Middle East tensions stayed hot. Bitcoin held near $81,000, while XRP, SOL, ETH, and other major tokens traded mixed. Source: https://www.cryptopolitan.com/oil-stocks-bitcoin-hold-trump-iran-ceasefire/
The post Brent: Uptrend intact above key supports – Societe Generale appeared on BitcoinEthereumNews.com. Societe Generale’s Kenneth Broux notes Brent is up 4%, trading near $105.2, after carving out an interim low around $96 and repeatedly defending its 50-day moving average. The analysts see the earlier peak at $115 as a key hurdle, with a break higher opening further upside, while a loss of the $102 gap would risk a deeper pullback. Support at 96–102 underpins crude “Brent carved out an interim low near $96 during the last pullback and once again defended the 50-DMA, highlighting a lack of steady downward momentum.” “It has formed an up gap around $102 and is now staging a bounce. The peak reached earlier this month at $115 serves as a short-term hurdle.” “A break above this may trigger a larger upward move. There would be a risk of a deeper pullback if the gap near $102 gives way.” “The ceasefire in the Gulf still holds after the US dismissed the counter-proposal of Iran but the bl
Robin Brooks, Senior Fellow at The Brookings Institution and former Chief FX Strategist at Goldman Sachs, believes the Brazilian Real is poised to grow, as the currency’s value has been consistently rising since 2025. Two key drivers will benefit the Brazilian real: the end of the Middle East conflict and the rising uncertainty in the […]
The post Aramco Q1 Profit Surges 25% as East-West Pipeline Hits Full Capacity Amid Hormuz Crisis appeared on BitcoinEthereumNews.com. TLDR: Aramco’s Q1 net profit rose 25% to $32.5B, beating the LSEG consensus estimate of $30.95 billion. The East-West Pipeline reached 7.0M bpd capacity, offsetting Hormuz shipping disruptions during the conflict. Total revenue climbed nearly 7% to $115.49B on higher crude oil and refined product prices and volumes. Aramco’s base dividend rose 3.5% to $21.9B, aligning with projected full-year payouts of $87.6 billion. Saudi Aramco posted a 25% rise in first-quarter profit for 2026, driven by higher oil sales and surging energy prices. The state oil giant earned $32.5 billion in net profit, beating analyst estimates. Geopolitical tensions around the Strait of Hormuz have reshaped global energy flows. As a result, Aramco’s East-West Pipeline is now running at full capacity to keep supply moving. East-West Pipeline Steps Up Amid Hormuz Disruption Iran’s blo
With the U.S. stock market seemingly disregarding the Middle East conflict and making new all-time highs, Bitcoin has followed suit. The $BTC price is now holding strong above the crucial $80K level and looks as though it may head higher. Is this the rally that changes the trend and pulls crypto out of its bear market?
In spite of a most uncertain standoff in the Middle East conflict, the U.S. stock market has just made another new all-time high. Is a resolution to the conflict now priced in? Can the S&P 500 break out of an 8-year ascending channel? Could Bitcoin ride this stock market wave and move to $80K and beyond?
Investors bet blockbuster AI spending will overshadow fallout from Middle East conflict
