Oil Edges Lower on OPEC Increase, Dollar Steady: Markets Wrap

Commodities: Oil Market Shrugs Off Persian Gulf Escalation

Commodities: Oil Market Shrugs Off Persian Gulf Escalation

‘Opportunity won’t last forever’: Market uncertainty creates rare income windfall for investors

BlackRock Head of Global Fixed Income for Apex Navin Saigal suggests falling oil prices and elevated yields have created a rare chance to lock in higher income. “All this leads to, I think, a lot of uncertainty,” Mr Saigal told Sky News host Chris Kenny. “Fortunately, yields are at levels that we think you can create a steady stream of income to complement what is otherwise probably a pretty risky equity portfolio. “I think the reset in yields higher on the back of this oil shock is actually an opportunity to lock in higher income, and now that oil prices are falling, that opportunity might not be around forever.”

OPEC+ raises output as oil market enters new geopolitical era

The shifting tides of the global energy market have once again thrust OPEC+ into the spotlight, laying bare the delicate and often volatile intersection of geopolitics and oil economics. The group’s recent decision to boost oil production targets for August by 188,000 barrels per day is on the surface a standard regulatory tweak meant to stabilize a fluctuating market.

Oil Is Little Changed as Persian Gulf Flows Near Pre-War Levels

Oil prices were little changed in thin trading as the recovery of Persian Gulf flows fomented a new surplus in key parts of the global market.

Oil prices gain as focus shifts to supply recovery and demand

Oil prices edged higher on Tuesday, but gains were limited as traders looked beyond easing geopolitical tensions in the Middle East and turned their attention to ​supply increases and demand prospects.