Middle East Conflict Creates a Volatile Moment for Oil Markets
Israel and Iran are fighting at a time when prices are under pressure because of weak demand in China and concerns about oversupply.
Oil climbs nearly 4%, turns higher week to date as investors monitor Middle East
Oil futures rose Thursday, bouncing after a two-day pullback, with support tied to continued worries over the potential for a more direct confrontation between Israel and Iran that could threaten Middle East crude flows.
Crude Oil Futures Jump on Middle East Tensions
The pickup in crude oil futures gathered pace as the market again turns jittery about Israel’s response to an Iranian missile attack last week.
Oil prices are rising amid the Middle East war. What does it mean for the election?
An escalation of conflicts in the Middle East in recent weeks has triggered a sharp increase in oil prices, raising uncertainty about where costs will head in the final weeks before Election Day. Oil prices surged about 13% over an 11-day stretch ending on Monday.
Oil slips as strong supply counters Middle East and hurricane risk
Oil prices erased early gains on Wednesday as weak demand fundamentals and rising supply countered elevated risk of supply disruption from conflict in the Middle East and Hurricane Milton in the United States.
Oil Rises, Supported by Middle East Tensions
Oil rises in early Asian trade. Prices remain supported by rising Middle East tensions, given the risk of Iran’s oil industry being affected by the conflict with Israel, the ANZ Research team writes in a note.
Crude Oil Futures Add to Losses
Crude oil futures add to yesterday's losses, but settle well above the day's lows as geopolitical risk perception around Israel's expected response to last week's Iranian missile attack remains high.
How rising oil prices could impact the election, according to experts
The rise of oil prices carries potential implications for the presidential election next month. A hike in the cost of crude ...
Crude oil prices today: WTI prices are up 1.74% today
WTI crude fell to its 52-week low of $64.78 per barrel on Sep. 10, 2024. It reached its 52-week high of $91.09 on Oct. 20, ...
Oil oversupply could send prices tumbling in 2025, energy analyst says
Some forecasters have called for oil prices to hit $50 a barrel. That would mark a decline of nearly 40% from current levels.
Oil eases though investors wary over potential Mideast supply disruption
Oil eased on Friday after a rally the previous day, but prices remained set for a second straight weekly gain as investors ...
Bullish On Oil? Check Out These 5 Energy Dividends
If you’re reading this, I assume you are already bullish on oil. Or at least intrigued by the upside possibility. And why not ...
At least 2 killed and dozens injured after leak at a Texas oil refinery
A Texas sheriff says two workers at a Houston-area oil refinery were killed after hydrogen sulfide leaked at the plant ...
Reuters3h
Exclusive: Stop Israel from bombing Iran's oil sites, Gulf states urge US
The moves by the Gulf states come after a diplomatic push by non-Arab Shi'ite Iran to persuade its Sunni Gulf neighbours to ...
Oil prices end at lowest in a week, with U.S. crude supplies up more than expected
Oil futures on Wednesday stretched their losses into a second straight session to settle at their lowest in a week, pressured ...
The Economist1d
How high could the oil price go?
The price of oil rose by 10% in a week, as Israel attacked Hizbullah, a Lebanese militia backed by Iran, and Iran retaliated ...
Oil tanker on fire off German coast, major rescue operation under way
An oil tanker is on fire in the Baltic Sea off the coast of north-eastern Germany, the German Maritime Search and Rescue ...
Oil futures drop over 4% on talk of Lebanon-Israel ceasefire
A rally in oil took a pause on Tuesday, sending prices down by more than 4%, as the militant group Hezbollah reportedly said ...