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$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
Crude oil jumps nearly 3% as Israel vows 'painful' response to Iran missile attack
08:41am, Wednesday, 02'nd Oct 2024
Israel's ambassador to the United Nations, Danny Danon, vowed late Tuesday that Israel will exact a "painful" response against Iran. Traders fear Israel's response could target Iranian oil facilities.
Dow Jones tipped to slip lower as risk-off mood hits global equities, oil prices keep rising
08:17am, Wednesday, 02'nd Oct 2024
US stocks are expected to slip lower when Wall Street begins trading on Wednesday, joining most European markets in the red. Dow Jones futures fell 0.3% ahead of the open, while those for the S&P 50
Oil prices rise over 3% as Israel weighs response to Iran missile attack
07:44am, Wednesday, 02'nd Oct 2024
Oil futures extended gains Wednesday, rising more than 3% while investors awaited Israel's response to a massive missile barrage by Iran a day earlier, stoking fears of a wider conflict that could imp
Excess OPEC capacity keeping oil prices from spiking after Iran attack, says CIBC's Rebecca Babin
07:37am, Wednesday, 02'nd Oct 2024
Rebecca Babin, CIBC Private Wealth senior energy trader, joins 'Squawk Box' to discuss oil price trends, impact of Iran's ballistic missile attack on Israel, Saudi oil minister's warning to fellow OPE
Oil News: Tensions in Middle East Push Crude Futures Higher – Key Levels to Watch
06:38am, Wednesday, 02'nd Oct 2024
Middle East conflict risks disrupt oil production, with traders eyeing crude futures above $72.21. Analysts predict further price spikes amid geopolitical tensions.
Treasury yields reverse safe-haven falls as oil prices rise, U.S. dock strike continues
06:32am, Wednesday, 02'nd Oct 2024
Treasury yields rose early Wednesday amid concerns rising energy prices and a prolonged U.S. dock strike may stoke inflation.
Saudi minister warns of $50 oil if OPEC members don't adhere to production cuts: report
05:00am, Wednesday, 02'nd Oct 2024
Saudi Arabia's oil minister reportedly warned fellow producers that oil could drop to $50 if they don't comply with agreed production cuts.
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
