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$35.64
-2.25 (-5.94%)
At Close: Jun 05, 2026
Oil Futures Extend Rally on Middle East Geopolitical Tensions
04:05pm, Monday, 07'th Oct 2024
Oil futures added to last week's heavy gains as traders hedge against the possibility of Israel striking Iranian energy infrastructure in response to last week's missile attack.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs As Traders Focus On Middle East War Risk
02:36pm, Monday, 07'th Oct 2024
Short-covering may have played a significant role in the rally.
Oil prices rise as Middle East tensions escalate, markets hedge against $100 a barrel surge
01:54pm, Monday, 07'th Oct 2024
Oil prices have surged amid escalating tensions in the Middle East, with traders hedging against a "worst-case scenario" that could see prices climb to $100 a barrel.
Oil Logs Big Weekly Gain in a Year: Leveraged Energy ETFs Surge
11:00am, Monday, 07'th Oct 2024
Oil price surge raises the appeal for leveraged energy ETFs as these offer huge gains in a very short time frame.
Crude Oil Price Forecast – Crude Oil Continues to See Upward Pressure
10:13am, Monday, 07'th Oct 2024
The crude oil market continues to rally overall, as the demand for oil, the geopolitical issues, and even yet another hurricane all come into the picture to suggest that supply could be threatened.
Chevron to Sell Oil Sands to Canadian Natural Resources in $6.5 Billion Deal
09:55am, Monday, 07'th Oct 2024
The company is expected to divest $10 billion to $15 billion of assets by 2028.
Worst case for oil markets is if Iran blocks strait of Hormuz: analyst
09:37am, Monday, 07'th Oct 2024
Alan Gelder, VP refining, chemicals and oil markets at Wood Mackenzie, discusses oil supply.
Oil News: Crude Prices Surge as Middle East Tensions Drive Bullish Outlook
08:09am, Monday, 07'th Oct 2024
Crude oil prices surge as Middle East tensions escalate, pushing futures past $76. Traders eye $80, with OPEC+ supply in focus amid possible disruptions.
Croft: The oil market is still in watch-and-wait mode.
07:22am, Monday, 07'th Oct 2024
Helima Croft, Head of Global Commodity Strategy at RBC Capital Markets, highlights concerns about possible attacks on key oil infrastructure and the potential for price spikes if the conflict escalate
U.S. crude oil jumps nearly 3%, trades above $76 as market waits for Israel strike against Iran
07:20am, Monday, 07'th Oct 2024
Crude oil prices started the week off higher.
Oil Prices Are Climbing. Middle East Tensions Weigh Heavy on the Market.
05:35am, Monday, 07'th Oct 2024
Crude benchmarks ticked up on Monday, which is the one-year anniversary of Hamas' Oct. 7 strike on Israel.
Natural Gas and Oil Forecast: Will Rising Geopolitical Risks Trigger New Highs?
02:32am, Monday, 07'th Oct 2024
Rising geopolitical risks may push natural gas and oil prices higher. See what's next for the energy sector in 2024.
Expect oil prices to decline on average in 2025: Emirates NBD
02:15am, Monday, 07'th Oct 2024
Edward Bell, head of market economics at Emirates NBD, says that oil markets are trying to price in the 'worst-case scenario,' if energy infrastructure are targeted in the Mideast conflict.
Geopolitical risk premium for oil already priced in, says analyst
10:47pm, Sunday, 06'th Oct 2024
Pavel Molchanov of Raymond James says there's limited upside to oil prices, but enumerates the scenarios that could still disrupt the markets.
Oil Falls; Sentiment Likely to Remain Weak
08:51pm, Sunday, 06'th Oct 2024
Oil fell in early Asian trade. Sentiment will likely remain weak, given seasonal trends, while tensions in the Middle East will slightly offset this, ANZ said.
