Here’s why gasoline prices are dropping even as Middle East tensions escalate

Oil prices fell about 1% on Monday as Middle East tensions eased and investors turned their focus to lackluster seasonal demand following a bearish U.S. report last week showing a large gasoline stockbuild......»»

Israel's economy is likely to suffer if there's a drawn-out conflict in the Middle East, S&P Global said. Israeli soldiers.Alexi J. Rosenfeld/Getty ImagesS&P Global cut its.....»»

Volatility surged as geopolitical tensions rose in the Middle East and inflation data defied estimates, delaying rate cuts and causing concern for stocks, mortgages and consumer sentiment. read more.....»»

Gold futures finish higher Thursday, with tightening supplies for the commodity, worries about the economic impact of the COVID-19 pandemic, and rising tensions in the Middle East lifting bullion prices for a second session......»»

Oil prices on Thursday head sharply higher, with gains being attributed to the threat of conflict between the U.S. and Iran......»»

Oil prices on Thursday head sharply higher, with gains being attributed to the threat of conflict between the U.S. and Iran......»»

Gold futures rise on Thursday as tightening supplies for the commodity and worries about the economic impact of the COVID-19 pandemic and rising tensions in the Middle East buoy bullion......»»

Oil prices edged up on Wednesday after U.S. crude in storage grew less than expected and gasoline inventories dropped, but hundreds of new coronavirus cases reported in Asia, Europe and oil-producing countries in the Middle East limited gains......»»

Oil prices edged higher on Tuesday after five days of declines as the United States and China prepared to sign a preliminary trade deal and as Middle East tensions eased......»»

Oil prices climbed on Tuesday after five days of declines as the United States and China prepared to sign a preliminary trade deal and as Middle East tensions eased......»»

Oil prices fell about 1% on Monday as Middle East tensions eased and investors turned their focus to lackluster seasonal demand following last week's bearish U.S. report showing a large fuel stockbuilds......»»

Brent crude prices steadied on Friday, paring earlier losses as Middle East tensions erupted again after the United States added new sanctions on Iran in retaliation for its missile attack on U.S. forces in Iraq this week......»»

Gold futures are trading lower Friday, heading for the longest losing skid in more than two months after the monthly U.S. employment report which helped to solidify a rally in equities and away from so-called havens as Middle East tensions dissipate......»»

World stocks set new record highs on Friday and the prices of safe-haven assets such as gold pulled back as investors cheered an apparent de-escalation in U.S.-Iran tensions and looked instead toward prospects of improved global growth......»»

World stocks set new record highs on Friday and the prices of safe-haven assets such as gold pulled back as investors cheered an apparent de-escalation in U.S.-Iran tensions and looked instead to prospects of improved global growth......»»

Crude oil prices slid and equity markets around the world set new highs on Thursday as investors took on greater risk in a relief rally after the United States and Iran moved to defuse escalating tensions in the Middle East......»»

Crude prices slid and equity markets around the world set new highs on Thursday as investors took on greater risk in a relief rally after the United States and Iran moved to defuse escalating tensions in the Middle East......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Oil prices steadied on Monday after Brent touched above $70 a barrel on rhetoric from the United States, Iran and Iraq that fanned tensions in the Middle East after a U.S. air strike killed a top Iranian military commander......»»

Oil prices end higher on Monday, with U.S. benchmark prices for crude at their highest in eight months in the wake of last week’s killing of Iranian Gen. Qassem Soleimani in a U.S. drone strike, which ratcheted up Middle East tensions......»»