While Canadian energy companies have proven resilient, the recent divergence between commodity prices and energy stock performance warrants closer scrutiny. Despite a notable decline in commodity pric

Oil rebounds as geopolitics, demand concerns whipsaw investors

10:18pm, Tuesday, 27'th Aug 2024

Oil rebounded on Wednesday after a sharp drop in the previous session ended a three-day streak of gains as investors have whipsawed between concerns about potential supply losses from Libya and the Mi

Dow Jones Industrial Average: Fed Rate Cuts and Oil Price Surge Fuel Market Rally

11:03am, Monday, 26'th Aug 2024

Fed rate cut bets boost Dow and S&P500 near record highs, while energy stocks soar on a 3% oil price surge. Key earnings reports could shape market trends.

Crude Oil Price Forecast – Crude Oil Continues to Rally

10:08am, Monday, 26'th Aug 2024

The crude oil market rallied quite nicely in the early hours of Monday, as the market is very strong with several different reasons for it to go higher. War threats, Libyan slowdowns, and a host of ot

Oil prices jump nearly 3% on Libya production halt, Israel-Hezbollah attacks

08:29am, Monday, 26'th Aug 2024

One of Libya's rival governments announced oil production would shut down amid a dispute over who should lead the country's central bank. Israel and Hezbollah traded a major wave of strikes on Sunday.

Oil prices climb more than 2% amid escalating Middle East tensions

08:28am, Monday, 26'th Aug 2024

Oil prices were surging on Monday morning as the escalating conflict between Israel and Hezbollah over the weekend has heightened worries that the war in Gaza could disrupt regional oil supplies.

Oil News: Crude Prices Surge as Mideast Tensions and Fed Rate Cut Hopes Drive Demand

06:08am, Monday, 26'th Aug 2024

Oil prices surge over 1% on Mideast tensions and U.S. rate cut hopes. Geopolitical risks add a premium, fueling market bullishness.

Oil Prices Rise as Middle East Fears Heighten

05:02am, Monday, 26'th Aug 2024

After missile attacks over the weekend, there are concerns of a wider conflict in the region.

Oil market has not priced in any geopolitical risk premium: Expert

02:15am, Monday, 26'th Aug 2024

Vandana Hari from Vanda Insights talks about the tensions in the Middle East region and also emphasizes that the U.S. economic outlook is at the center stage of global oil demand.

Natural Gas and Oil Forecast: WTI's Fate Hinges on $75.40—Can It Overcome Bearish Pressure?

01:17am, Monday, 26'th Aug 2024

Oil prices climb on Middle East conflict fears; WTI tests $75.40 resistance, natural gas turns bearish. Discover the latest price forecasts.

Oil prices set to remain elevated as Middle East tensions threaten a wider conflict, CBA analyst warns

10:58pm, Sunday, 25'th Aug 2024

"Israel's response may include an attack on Iran's oil supply and related infrastructure, which would put at risk 3 - 4% of global oil supply," said Vivek Dhar, mining and energy commodities strategis

Oil climbs on Mideast escalation fears, US rate cut expectations

07:29pm, Sunday, 25'th Aug 2024

Oil prices extended gains on Monday on fears a major spillover in fighting from the Gaza conflict into the Middle East could disrupt regional oil supplies, while imminent U.S. interest rate cuts lifte

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