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$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
Oil Prices Surge Amid Middle East Tensions, Key Infrastructure at Risk
10:50am, Friday, 04'th Oct 2024
Analysts have identified Iran's Gulf Star refinery and Kharg Island export terminal as potential high-impact targets amidst heightened Middle East tensions. Recent updates suggest Iran has evacuated a
Attacks on Iranian Oil Could Cause Pain at the Pump. How Much Gas Prices Could Rise.
10:30am, Friday, 04'th Oct 2024
The effects of Middle East turmoil are small so far, but could spike if Israel targets Iran's oil facilities, Patti Domm writes in a guest commentary.
Crude Weekly Price Forecast – Crude Oil Continues to Recover
09:27am, Friday, 04'th Oct 2024
The crude oil market bounced a bit during the week, as the market continues to bounce back and forth in a well-defined range that we have seen over the last two years. With this, I suspect this is a m
Higher Oil Prices Will Not Upend The Bull Market Or Economy
09:15am, Friday, 04'th Oct 2024
Despite geopolitical tensions, the market remains resilient due to strong fundamentals and the resolution of the dockworkers' strike with a 62% pay increase. The 8% rise in crude oil prices is a conce
Crude Oil Price Forecast – Crude Oil Continues to Look Bullish
08:57am, Friday, 04'th Oct 2024
The crude oil market rallied again in the early hours of Friday, as we continue to see a lot of pressure to the upside, and reaction to the increasingly dangerous situation in the Middle East. At this
U.S. crude oil has risen nearly 9% this week as traders fear Middle East supply disruption
08:48am, Friday, 04'th Oct 2024
Though oil prices have surged this week on geopolitical tensions, they have risen from a low baseline.
Oil Prices Shot Up This Week. How High Will They Go?
08:38am, Friday, 04'th Oct 2024
The only truly predictable thing about predicting oil prices is that they are stubbornly unpredictable. Anyone able to accurately and consistently predict the direction of oil prices would soon become
Oil prices set for big weekly gain as traders await Israel response to Iran missile attack
07:43am, Friday, 04'th Oct 2024
Oil futures added to gains Friday, on track for a sharp weekly rise as traders awaited Israel's response to a missile attack by Iran earlier this week.
Global oil spare capacity offsetting tightening effects from geopolitical disruptions: Daan Struyven
08:55am, Thursday, 03'rd Oct 2024
Daan Struyven, Goldman Sachs co-head of global commodities research, joins 'Squawk Box' to discuss the state of the oil market, latest oil price trends, energy market volatility, impact of MIddle East
U.S. crude oil rises for third day as traders fear Middle East escalation that disrupts supplies
08:43am, Thursday, 03'rd Oct 2024
U.S. crude oil has gained nearly 5% this week as traders fear Israel could retaliate against Iran by hitting crude infrastructure. OPEC+ spare oil capacity is keeping prices from running higher, analy
Russia's Novak says OPEC+ to continue key role in stabilising oil market
08:35am, Thursday, 03'rd Oct 2024
Russian Deputy Prime Minister Alexander Novak said the OPEC+ group of leading oil producer will continue to play a decisive role in global oil market stabilisation.
Crude Oil Price Forecast – Crude Oil Continues to See Upward Pressure
08:31am, Thursday, 03'rd Oct 2024
The crude oil market continues to see a lot of noise, but at this point in time, the market looks likely to try to break to the upside. All things considered, this is a market that will continue to tr
Oil Prices Surge as Tensions Rise Between Israel and Iran
08:10am, Thursday, 03'rd Oct 2024
Recent options data indicates that investors are betting on further increases in oil prices due to escalating hostilities between Israel and Iran, which could threaten Middle Eastern energy infrastruc
Oil market faces a rude awakening if Iran's energy infrastructure is targeted, analysts say
07:16am, Thursday, 03'rd Oct 2024
Oil markets are being too complacent given the risk of major supply disruptions in the Middle East, analysts told CNBC on Thursday. Bjarne Schieldrop, chief commodities analyst at Swedish bank SE
Oil prices rise as traders await Israel response to Iran attack
06:49am, Thursday, 03'rd Oct 2024
Oil futures rose Thursday, finding continued support as traders awaited Israel's response to a missile barrage earlier this week by Iran amid concerns of a wider Middle East conflict that could disrup
