Oil, Iran
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Investor's Business Daily on MSN
Dow Jones futures fall, oil prices rise as Trump sets new Hormuz target date; Palo Alto, Marvell are early movers
Oil prices rose overnight while Palo Alto fell despite strong earnings. New Trump tariffs loom. AI and metals led stocks Tuesday.
Illinois gas prices fell nearly 19 cents this week, offering relief to drivers. But costs remain significantly higher than last year.
Oil prices may rise in the next two months as crude inventories fall due to the U.S.-Iran war, Chevron CEO Mike Wirth and Exxon senior vice president Neil Chapm
ET Now on MSN
Gold, silver prices fall as strong USD, rising oil prices weigh; city-wise rates for June 3 inside
Gold Price Today, June 3: Gold prices fell for a third straight session as rising oil prices, US-Iran tensions, inflation concerns, and a stronger US dollar reduced bullion's appeal. MCX gold and spot silver both ended lower.
As per the information provided by oil companies, petrol is being sold at Rs 102.12 per litre in Delhi. In Kolkata, the price stands at Rs 113.51 per litre, while in Mumbai it is Rs 111.21 per litre and in Chennai Rs 107.
The average price of gasoline in the Seattle area fell by nearly 4 cents per gallon last week, but the trend might not hold after the cost of oil increased Sunday and again Monday, analysts say.
Prices at gas pumps are starting to sink and oil is on track to drop 20% in May — its largest one-month decline since 2020 — as investors remain optimistic that a deal to end the Iran war is near. As of Friday,
Crude oil prices fell on 29 May after tentative US-Iran ceasefire talks raised hopes for smoother oil flows. Brent crude dropped nearly 19% in May, while WTI hovered around $87. Ongoing discussions may impact future prices amid geopolitical uncertainties.