EN zh-TW

newsio aggregates and links to original sources. We do not own the original images or content. If you believe content infringes on intellectual property rights, contact us — it will be removed at first notice.

business / news / / Devdiscourse

oil futures settled above $112 per barrel on Monday, highlighting investor wariness about a possible Middle East resolution.

U.S. oil futures closed above $112 per barrel due to U.S.-Iran tensions.

KEY POINTS
COMPANIES
Read the full story on Devdiscourse → →
Share X LinkedIn

Summarized by Newsio from Devdiscourse. How we summarize →

RELATED 03
business · news · 1h 140

The European Commission is investigating the $111 billion Paramount-WBD deal.

  • The EU is probing $24 billion in Middle Eastern funding of the Paramount-WBD merger under new subsidy rules.
  • Paramount disclosed Gulf States will own about 38.5% equity in the merged company but lack voting rights.
Variety →
business · news · 1h 127

Consumer-price growth remains at three-year highs.

  • The energy index surged 3.9% MoM in May, driving a 23% YoY increase mainly from oil.
  • Core CPI rose only 0.2% MoM, less than the 0.3% estimate, indicating limited underlying inflation.
Barchart →
business · news · 1h 122

The consumer price index climbed 4.2% from a year earlier, the most since early 2023.

  • US consumer price index rose 4.2% year-over-year in May, the highest since early 2023.
  • Core CPI increased by only 0.2% month-over-month, less than the 0.3% forecast.
NDTV Profit →