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2024-10-28 Economy
Oil prices drop as Israeli strikes in Iran calm markets
[IsraelTimes] Oil prices are tumbling with the opening of trading in Asia as dealers breathe a sigh of relief that Israel’s Saturday strikes on military targets in Iran spared the country’s oil installations.

The price of North Sea Brent for delivery in December fell by 4.02 percent, to $72.99, while West Texas Intermediate plunges by 4.17% to $68.79.

Oil prices rose sharply following Iran’s October 1 ballistic missile attack on Israel, but they had already begun to fall after peaking on October 7 as it became clear Israel would likely restrict its reprisal to avoid sparking a wider conflagration.
Posted by trailing wife 2024-10-28 00:00|| || Front Page|| [11235 views ]  Top

#1 BP Walks Back Green Targets Amid Market Realities
Posted by Skidmark 2024-10-28 07:52||   2024-10-28 07:52|| Front Page Top

#2 Should IAF bomb again - to lower prices further?
Posted by Grom the Reflective 2024-10-28 12:05||   2024-10-28 12:05|| Front Page Top

#3 "Rock bottom prices through making the rubble bounce!"
Posted by bman911 2024-10-28 12:54||   2024-10-28 12:54|| Front Page Top

#4 USA crude production has averaged over 13M bp day this calendar year.

This has been a big help in stabilizing prices of crude.
Posted by Lord Garth 2024-10-28 17:31||   2024-10-28 17:31|| Front Page Top

04:28 Grom the Affective
04:26 Grom the Affective
02:56 Grom the Affective
02:48 Fred
02:35 Grateful Fred
02:35 Grom the Affective
02:29 Grom the Affective
02:28 Grom the Affective
02:10 Oregon Dave
02:03 Grom the Affective
02:02 Grom the Affective
01:56 Grom the Affective
01:53 Skidmark
01:42 Skidmark
01:42 Striped Zebra
01:20 Skidmark









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