Brent crude pushes toward $80 a barrel on fears Middle East war will threaten supply
Oil futures were up more than 2% Monday, building on last week’s strong gains as investors monitored developments in the Middle East amid fears a more direct conflict between Israel and Iran could threaten crude supplies from the region.
Brent crude scores biggest weekly gain in two years as Middle East fears surge
Crude oil futures surged 9% amid escalating Middle East tensions as Iran targets Israel, Biden discourages retaliation on oil assets.
Oil prices extend gains on fears of wider Middle East conflict
Oil prices extended gains on Monday, with Brent nearing $80 to build on last week's steepest weekly jump since early 2023, driven by fears of a wider Middle East conflict and potential disruption to exports from the major oil-producing region.
Oil Prices Rise as Middle East Tensions Simmer
Oil prices were on the rise in Europe as the market awaited new developments in the Middle East, where geopolitical tensions are boiling over, ING said.
Oil Prices Are Climbing. Middle East Tensions Weigh Heavy on the Market.
Oil prices were rising again on Monday as traders continued to fret about a broader conflict in the Middle East. The Brent international benchmark climbed 2.4% to $79.90 a barrel in early trading, while West Texas Intermediate U.
Oil prices extend upward march on Mideast tensions
World oil prices rallied more than two percent Monday as tensions escalated in the crude-rich Middle East one year after the deadly Hamas attacks on Israel.
What’s next for oil and gas prices as Middle East tensions heat up?
Oil prices climbed this week as tensions in the Middle East escalated. A jump in oil prices automatically spurs fear of a spike in gas prices, but experts see reasons that may not happen.
Oil Prices Rise on Middle East Disruption Risks
Oil prices were rise, with Brent crude oil up 1.9% to $79.50 a barrel and WTI gaining 2.1% to $75.96 a barrel. Brent has risen nearly 11% in the past week, as the market weighs risks of oil-production disruption in the Middle East following Tuesday's strikes on Israel by Iran,
Brent crude nears $80 as hedge funds reverse bets
Daan Struyven, an analyst at Goldman Sachs, told clients that a six-month disruption, hitting about 1mn b/d, would push Brent ...
Brent Crude could rise to $90 a barrel if Israel attacks Iranian export facilities, says RBC's Croft
Helima Croft, RBC global head of commodity strategy, joins 'Squawk on the Street' to discuss the impact of an Israeli attack ...
Brent futures nudges near $80, Iran assesses threat to key export terminal
Any disruption to supplies from Iran will impact China’s refiners, who have been importing highly-discounted crude oil from ...
Crude Oil snaps $75 in WTI Crude with uncertainty on Israel's responses
Crude Oil jumps over 2% on Monday after the Biden administration verbally pushed back on targeting Iranian oil fields. Markets are pricing in even more risk premium, with uncertainty ruling now over ...
Crude oil prices extend gains on fears of wider West Asian conflict
The potential escalation of the conflict has countered mounting demand-side pressures, said Priyanka Sachdeva, analyst at ...
Crude oil prices today: WTI prices are up 3.37% today
WTI futures traded around $73.94 per barrel, as of 9 a.m. ET. That’s an increase of 3.37% in the last 24 hours.
Brent Crude - Oil Slides 2% In European Trade Before A Recovery, OPEC+ Meeting Next
Oil prices fell by 2.4% in early European trade, possibly due to demand concerns and rebalancing. Click to read.
October Russian Urals oil prices trade $5/bbl above price cap as Brent rallies, calculations show
Urals crude oil have risen back above $65 a barrel at Russian Baltic and Black Sea ports, or $5 higher than the price cap set ...
Saudi minister says crude prices could fall 33% if OPEC members don't stop pumping so much
Part of the issue is that members are not sticking to their pledged cuts. The Saudi minister called out Iraq, which surpassed ...
Commodity Roundup: Broad buying momentum persists led by Brent, copper, grain - Saxo
Another positive week for the commodities sector saw broad demand with speculators focusing primarily on Brent Crude, grains, ...