Oil, gas and mining

Crude Oil Prices Gain On Escalating Tensions In The Red Sea & Strong Demand From Europe And China



Crude oil prices rose as tensions in the Red Sea escalated. Brent crude oil prices gained 1.64% to $78.30 a barrel, while the US West Texas Intermediate (WTI) crude futures rallied 1.42% to $72.67.

#crudeoilprices #brentcrudeoilprices #redseaattacks #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

🔴CNBC TV18 LIVE TV: https://youtube.com/live/P857H4ej-MQ
SUBSCRIBE to our Channel: https://bit.ly/3nvEcxf
———————————————————————————————————————
👑 Check Out Top CNBC TV18 Playlist Videos:

🔹CNBC TV18 Digital Podcast: https://www.youtube.com/playlist?list=PLjq9mRS1PfGCUcGVQvYyDQ6VVHoo3ZDKJ

🔹CNBC TV18 Market Cafe: https://www.youtube.com/playlist?list=PLjq9mRS1PfGDANftdnJchuL-WPpSv5rmH

🔹CNBC TV18 Digital: https://www.youtube.com/playlist?list=PLjq9mRS1PfGDLhtM8FzErPcjmJRQ4I5cZ

🔹CNBC TV18 Weekend Special: https://www.youtube.com/playlist?list=PLjq9mRS1PfGBHEa5NnoKuUsX5GwxEGuri

🔹CNBC TV18 Next-Gen: https://www.youtube.com/playlist?list=PLjq9mRS1PfGA6roe9q3J9fq_gBIDjX2w7

🔹Overdrive Show: https://www.youtube.com/playlist?list=PLjq9mRS1PfGCnSVjfbWfNCJLrv-CqfGmH

🔹CNBC TV18 Newsreels: https://www.youtube.com/playlist?list=PLjq9mRS1PfGCmABWWQRX4NqGLCtScwqex

🔹Young Turks: https://www.youtube.com/playlist?list=PLjq9mRS1PfGBZaN1e38X2ZmevnU1e1NJs

🔹Startup Streets: https://www.youtube.com/playlist?list=PLjq9mRS1PfGD3CzrtMr_VJRbIly6sfyFI

————————————————————————————
You can also connect with CNBC-TV18 News Online
Catch the latest news: https://bit.ly/2YbpXBM

Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/

Stay updated with all the market action in real time: https://www.cnbctv18.com/market-live/

You can also stay updated with all the latest news on-the-go with CNBC-TV18 Minis: https://www.cnbctv18.com/minis/

Like us on Facebook: https://www.facebook.com/cnbctv18india/
Follow us on Twitter: https://twitter.com/CNBCTV18News
Follow us on Instagram: https://www.instagram.com/cnbctv18india/
Catch us on: Linkedin: https://in.linkedin.com/company/cnbc-tv18
n18oc_business

About CNBC-TV18: India’s leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here.

Welcome back you still tuning to power breakfast let’s get a check on how the Commodities are moving uh today we have Manisha joining us with an update Manisha there seems to be quite a rise in the crew prices overnight well yes uh you know the 2024

Has begun on a positive note and this is after 10% decline that we saw in 2023 major reports are coming in from the Red Seas is what is adding premium to the prices right now there are now uh reports of us forcing strike back at hey

Group in Red Sea there also are reports of tan sending warships into the Red Sea so this doesn’t seem to be de-escalating uh and that is what is adding premium to prices the markets also are looking at stronger demand coming in from Europe and China these Winters it is going to

Be the us nonfarm payroll data that comes in on Friday that would give you the first queue on how when how much of a US interest rate cut can be expect in the first quarter of this year itself apart from that the bit of a decline in

US dollar Index also has been supportive for Commodities so as Asia opens to a new year today we are looking at more gains than losses when it compares to Commodities as a sector okay so starting off on a positive note Manisha thanks a lot for getting us all of those details but

Write A Comment

Share via