$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back From Session Highs As Traders Focus On Middle East
02:38pm, Friday, 04'th Oct 2024
Oil traders decided to take some profits off the table ahead of the weekend.
$80 oil 'a distinct possibility,' economist says
02:21pm, Friday, 04'th Oct 2024
The likelihood of direct conflict between Iran and Israel is "quite likely," according to Galimberti, and markets are beginning to factor this risk into prices, anticipating "a big supply disruption"
Exxon Mobil Faces Q3 Challenges Amid Declining Oil Prices and Refining Margins
12:14pm, Friday, 04'th Oct 2024
Exxon Mobil (XOM, Financial) is set to report its Q3 results in late October, highlighting the impact of declining oil prices and weaker refining margins on its earnings. The company anticipates a hit
Brent Crude could rise to $90 a barrel if Israel attacks Iranian export facilities, says RBC's Croft
12:07pm, Friday, 04'th Oct 2024
Helima Croft, RBC global head of commodity strategy, joins 'Squawk on the Street' to discuss the impact of an Israeli attack on Iranian oil facilities, where Iran's oil exports are going, and much mor
Goldman Sachs says crude could spike by $20 on Iran oil shock
11:30am, Friday, 04'th Oct 2024
Daan Struyven, Goldman Sachs' head of oil research, discusses the conditions in which that might happen.
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.
Natural Gas and Oil Forecast: Geopolitical Risks Drive Volatility in Prices—Is More Upside Ahead?
01:38am, Friday, 04'th Oct 2024
Oil prices up 8% for the week amid Middle East tensions and supply uncertainties, keeping traders on edge.
Goldman Sachs says crude could spike by $20 on Iran oil shock
12:15am, Friday, 04'th Oct 2024
Oil prices could shoot up $20 per barrel if Iranian production sees a hit resulting from Israeli retaliation, said Goldman Sachs. Iran, which is a member of OPEC, is a key player in the global oil m
Oil Prices Could Surge to $200 Amid Middle East Tensions
12:11am, Friday, 04'th Oct 2024
SEB's chief commodity analyst, Bjarne Schieldrop, indicated that if the Middle East tensions escalate, causing a significant drop in Iranian oil output, oil prices could soar past $200 per barrel. Ira
Nothing does more damage than higher oil prices, warns Moody's Zandi
11:27pm, Thursday, 03'rd Oct 2024
Mark Zandi, Chief Economist at Moody's Analytics, says a surge in oil prices driven by tensions in the Middle East could pose a serious threat to the US & global economy, presenting a real conundrum t
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