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$35.64
-2.25 (-5.94%)
At Close: Jun 05, 2026
BP starts oil production at new offshore platform in Azerbaijan
10:12am, Tuesday, 16'th Apr 2024
BP has started oil production at a new Azeri Central East (ACE) offshore platform in the Caspian Sea, the company said on Tuesday, bolstering declining oil output in the ex-Soviet country.
Crude Oil Price Forecast – Crude Continues to See Volatility
09:47am, Tuesday, 16'th Apr 2024
The crude oil markets have had a tough session early on Tuesday, as the markets continue to move based on the latest headlines out of the Middle East.
Crude oil reverses most of April gains as traders shrug off Middle East tensions
08:16am, Tuesday, 16'th Apr 2024
A brief overnight bump in crude-oil prices reversed early Tuesday as traders bet that the White House's opposition to an Israeli counterattack against Iran would help to de-escalate a standoff that ha
Iran's oil exports and tensions with the West
06:26am, Tuesday, 16'th Apr 2024
Iran, the third largest producer in the Organization of the Petroleum Exporting Countries (OPEC), produces about 3 million barrels of oil per day (bpd), or around 3% of total world output.
Kinder Morgan Stock Bid Up In An Oil Breakout
06:06am, Tuesday, 16'th Apr 2024
The price of oil has become top-of-mind for many investors. Wall Street is now watching global developments that could, unfortunately, escalate into full-on conflicts that historically bring with them
Bank of America Just Predicted $95 Oil. 3 Oil Stocks to Buy Now
06:06am, Tuesday, 16'th Apr 2024
Exxon Mobil is an industry leader with solid production growth. Occidental and Baytex will both be able to quickly deleverage, given higher oil prices.
Oil prices fall for second day as U.S. expects limited Israel response to Iran attack
05:48am, Tuesday, 16'th Apr 2024
U.S. officials told NBC News that they expect an Israeli response to Iran's attack to be limited in scope.
Oil Prices Rise Again. It's Not Just About Middle East Tensions.
04:55am, Tuesday, 16'th Apr 2024
Markets are still anxiously awaiting Israel's response to Iran's attacks over the weekend. A further escalation of the conflict could lead to a significant spike in oil prices.
Israel is unlikely to attack oil facilities, advisory firm says
03:30am, Tuesday, 16'th Apr 2024
Carole Nakhle, founder and director of Crystol Energy, discusses how Iran's drone and missile attack on Israel might affect oil prices.
Baron Oil completes well site survey in Timor-Leste
02:47am, Tuesday, 16'th Apr 2024
Baron Oil PLC (AIM:BOIL) told investors it has successfully completed a site survey at its Chuditch-2 appraisal well location, in the Democratic Republic of Timor-Leste. The survey concluded under the
Biden unlikely to cut Iran's oil lifeline after Israel attack
01:05am, Tuesday, 16'th Apr 2024
Iran's unprecedented missile and drone strike on Israel is unlikely to prompt dramatic sanctions action on Iran's oil exports from the Biden administration due to worries about boosting oil prices and
The foreign exchange market will ultimately take its cue from oil prices, BofA strategist says
12:30am, Tuesday, 16'th Apr 2024
Adarsh Sinha, co-head of Asia FX and rates strategy at Bank of America, discusses geopolitical tensions and says "even though we're pricing in near-term de-escalation, the longer-term geopolitical ris
Wall Street Is Betting OPEC+ Can Fend Off $100 Oil
11:00pm, Monday, 15'th Apr 2024
Traders expect spare capacity will cap crude prices despite the conflict in the Middle East.
Oil markets had already priced in an Iranian reaction, analyst says
09:12pm, Monday, 15'th Apr 2024
Amrita Sen of Energy Aspects discusses Iran's drone and missile attack on Israel, and says it was "very well telegraphed" but that "doesn't mean that prices will continue to go down."
Oil prices rise as Israel weighs response to Iran attack
08:30pm, Monday, 15'th Apr 2024
Oil prices rose on Tuesday amid heightened tensions in the Middle East after Israel's military chief said his country would respond to Iran's weekend missile and drone attack amid calls for restraint
