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$51.20
-1.28 (-2.44%)
At Close: Jun 05, 2026
Saudi Minister Warns of $50 Oil as OPEC+ Members Flout Production Curbs
03:32am, Wednesday, 02'nd Oct 2024
The kingdom called out members for overproducing, in what was seen as a veiled threat of a price war.
Oil prices remain volatile due to unpredictable tensions: SVB Energy International
03:10am, Wednesday, 02'nd Oct 2024
Sara Vakhshouri, founder and president of the SVB Energy International, says oil prices have been resilient due to fears over weak demand.
OPEC+ doing 'noble' job of balancing oil market, says UAE
02:54am, Wednesday, 02'nd Oct 2024
United Arab Emirates Energy Minister Suhail al-Mazrouei said on Wednesday OPEC+ was doing a noble job of balancing the oil market even if does not produce the majority of oil in the world.
Natural Gas and Oil Forecast: Will Iran Tensions Push Oil Prices Back to Triple Digits?
02:19am, Wednesday, 02'nd Oct 2024
Geopolitical risks escalate as Iran tensions put up to 4% of global oil supply at risk, pushing crude prices toward $100 per barrel.
How Oil Markets Are Responding to Tensions in the Middle East
01:57am, Wednesday, 02'nd Oct 2024
Oil surged for a second day following heightened tensions in the Middle East as Iran fired about 200 ballistic missiles at Israel, to which Prime Minister Benjamin Netanyahu vowed retaliation. Bloombe
Oil watchers now see a real threat of supply disruptions after latest Iran-Israel escalation
10:17pm, Tuesday, 01'st Oct 2024
Iranian oil infrastructure may now be a target for Israel after the latest the missile attack, analysts warned. On Tuesday, Iran launched a ballistic missile strike at Israel in retaliation for its re
Oil prices likely to remain under pressure over the coming months, IEA chief says
09:01pm, Tuesday, 01'st Oct 2024
International Energy Agency Executive Director Fatih Birol discusses the outlook for global oil demand and crude prices over the coming months.
Oil prices could be on a trajectory to $60 per barrel or below: Bob McNally
08:52pm, Tuesday, 01'st Oct 2024
Bob McNally of Rapidan Energy Group says that Iraq and Kazakhstan not participating in collective supply management measures could lead to a collapse in oil prices if OPEC+ decides to "sweat" the prod
Oil Gains on Rising Middle East Tensions
08:34pm, Tuesday, 01'st Oct 2024
Oil gained in early Asian trade on rising Mideast tensions. The direct involvement of Iran, an OPEC member, increases the likelihood of oil supply disruptions, ANZ Research analysts said.
Oil prices rise more than $1 on escalating tensions in the Middle East
06:58pm, Tuesday, 01'st Oct 2024
U.S. West Texas Intermediate (WTI) crude futures rose by $1.09, or 1.56%, to $70.92 per barrel at 2254 GMT on fears of oil supply disruptions in the Middle East after Iran fired ballistic missiles at
Stocks Fall, Oil Prices Rise After Iran Launches Missiles at Israel
04:44pm, Tuesday, 01'st Oct 2024
The Nasdaq declined 1.5%, leading major indexes lower.
Iran Missile Strike On Israel Sparks Fears In Global Oil Markets
04:07pm, Tuesday, 01'st Oct 2024
Oil futures surged nearly 5% on Tuesday after reports emerged that Iran launched missiles toward Israel, intensifying tensions in the Middle East and raising concerns about potential disruptions to gl
Oil Market Underestimating War Risk Premium, Schork Says
04:04pm, Tuesday, 01'st Oct 2024
"We're looking at a market that has been supremely underestimating the potential for all-out war in the Middle East," Stephen Schork, principal and editor at The Schork Group, says on "Bloomberg The C
Should You Buy Oil ETFs as OPEC Delays Output Hike?
04:00pm, Tuesday, 01'st Oct 2024
The OPEC+ alliance is once again intensifying efforts to ensure member compliance with its agreed oil production cuts.
Investors Should "Take a Breath" Over Oil Prices
03:20pm, Tuesday, 01'st Oct 2024
Hurricane Helene and geopolitical tensions in the Middle East caused Crude Oil (/CL) prices to fluctuate, and market volatility may lead to another spike. Both Patrick DeHaan and Dryden Pence urge inv
