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$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026

Oil slightly higher on Middle East tensions

11:09am, Wednesday, 02'nd Oct 2024
CNBC's Brian Sullivan joins 'Squawk on the Street' to discuss the impact of Middle East conflict on oil prices.

U.S. Adds to Crude Oil Stockpiles

10:59am, Wednesday, 02'nd Oct 2024
Gasoline inventories also rose, while distillate fuel oil stocks fell

Oil prices climb as Middle East tensions escalate

10:35am, Wednesday, 02'nd Oct 2024
Israel faced a missile attack from Iran on Tuesday, causing US stock markets (^DJI, ^IXIC, ^GSPC) to dip into the red. Raymond James Washington Policy Analyst and Managing Director Ed Mills joins Morn

Keep an Eye on Crude as SPX Resistance Shifts

10:19am, Wednesday, 02'nd Oct 2024
Signs of an S&P 500 (SPX) intraday downtrend create new resistance levels for investors. Kevin Green shows where the SPX can rally or sell off, and looks ahead to volatility in Crude Oil.
In the midst of a lot of geopolitical issues in the Middle East, we continue to see the crude oil market rally. That being said, this is also a situation where we will continue to see concerns about g
Crude oil prices rose again Wednesday as traders priced in heightened concerns about violence in the Middle East.
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.
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 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
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
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 rose early Wednesday amid concerns rising energy prices and a prolonged U.S. dock strike may stoke inflation.
Saudi Arabia's oil minister reportedly warned fellow producers that oil could drop to $50 if they don't comply with agreed production cuts.
The kingdom called out members for overproducing, in what was seen as a veiled threat of a price war.
Sara Vakhshouri, founder and president of the SVB Energy International, says oil prices have been resilient due to fears over weak demand.
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