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$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
Why oil and gas markets are dreading the risk of supply disruption in the Strait of Hormuz
01:20am, Tuesday, 08'th Oct 2024
The Strait of Hormuz is widely recognized as a vital oil transit chokepoint. Situated between Iran and Oman, the waterway is a narrow but strategically important channel that links crude producers in
Oil, Natural Gas, US Dollar Technical Analysis in the Face of Geopolitical Uncertainty
09:34pm, Monday, 07'th Oct 2024
The oil and natural gas markets have surged due to geopolitical uncertainty and market volatility, while the US dollar has hit strong resistance.
Oil Edges Lower but Prices May Remain Supported
09:09pm, Monday, 07'th Oct 2024
Oil edged lower in early Asian trade likely due to profit-taking.
Oil edges lower after rallying to highest in over a month on Middle East war risk
09:03pm, Monday, 07'th Oct 2024
Oil prices edged lower in early Asian trading hours on Tuesday as traders booked profits after prices rallied to their highest in over a month on Monday amid fears that the Middle East could be on the
Stocks Hit by Tech Rout as War Jitters Lift Oil | Closing Bell
04:29pm, Monday, 07'th Oct 2024
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Scarlet Fu, Carol Massar and Tim Stenovec. Sign up for the Ec
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.
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.
