Articles tagged with "Oil prices"

8 articles found

Electronic boards display the foreign exchange rate of the Japanese yen against the US dollar at a foreign exchange brokerage in Tokyo on June 30, 2026. (Photo: AFP)

Asian stocks unable to track Wall St higher, yen holds at 40-year low

Asian equities fluctuate as investors struggle to build on a record day on Wall Street, where tech firms bounce after the hefty selling of the past two weeks, while the yen holds around a four-decade low against the dollar.

5 DAYS AGO

A man walks next to an electronic quotation board displaying the Nikkei 225 stock prices on the Tokyo Stock Exchange in Tokyo on June 18, 2026. (Photo by Kazuhiro NOGI / AFP)

Oil prices sink further as Trump signs deal to reopen Hormuz

Oil prices extend their decline as the US-Iran peace deal and the planned reopening of the Strait of Hormuz ease energy supply fears, though markets remain cautious amid expectations of further Federal Reserve interest rate hikes.

June 18, 2026

Pedestrians walk past as an electronic quotation board displays the Nikkei 225 stock prices on the Tokyo Stock Exchange in Tokyo on June 16, 2026. (Photo by Kazuhiro NOGI / AFP)

Most stocks rise, oil flat following peace deal-fueled rally

US President Donald Trump says ships are again moving through the strait, to be 'completely open' by Friday; Iranian media say three oil tankers and two cargo ships have passed through the area previously subject to a US naval blockade.

June 16, 2026

Pedestrians wait to cross a street in front of an electronic sign board showing the Hang Seng Index in Hong Kong on June 8, 2026. (Photo by Peter PARKS / AFP)

Asian stocks track Wall St tech bounce, oil eases on Mideast hope

Asian stocks rebound as investors resume buying AI-related shares after a tech-led selloff, while easing Iran-Israel tensions boost market sentiment and push oil prices lower.

June 9, 2026

Pedestrians are pictured in front of an electronic quotation boards displaying the Nikkei Stock Average on the Tokyo Stock Exchange along a street in Tokyo on May 22, 2026. (Photo by Kazuhiro NOGI / AFP)

Asian equities climb on Mideast optimism, oil edges higher

Asian markets climbed as optimism over US-Iran peace talks lifted investor sentiment despite rising oil prices and lingering inflation concerns.

May 22, 2026

Pedestrians walk past an electronic quotation board displaying the Nikkei Stock Average on the Tokyo Stock Exchange along a street in Tokyo on May 18, 2026. (Photo by Kazuhiro NOGI / AFP) Related content

Asian stocks sink, oil rises on US-Iran deadlock

Asian markets fell as Middle East tensions pushed oil prices higher, with Strait of Hormuz disruption fears, weak China data, and upcoming US tech earnings weighing on sentiment.

May 18, 2026

Customers refuel their vehicles at a gas station of Nayara Energy Limited, in Bengaluru on December 12, 2025. (File photo: AFP)

Oil prices drop awaiting Mideast peace progress

After plunging more than 10 per cent at one point on Wednesday on hopes of peace, crude futures fall nearly another 4 percent.

May 7, 2026

Customers refuel their vehicles at a gas station of Nayara Energy Limited, in Bengaluru on December 12, 2025. (AFP)

Oil hits four-year high as market volatility persists

Brent crude rises more than 50% in March, a record gain, sending oil prices to a peak of nearly $120 a barrel and roiling the global economy.

April 30, 2026