$46.88
+1.72 (+3.81%)
At Close: Jun 10, 2026
Global oil spare capacity offsetting tightening effects from geopolitical disruptions: Daan Struyven
08:55am, Thursday, 03'rd Oct 2024
Daan Struyven, Goldman Sachs co-head of global commodities research, joins 'Squawk Box' to discuss the state of the oil market, latest oil price trends, energy market volatility, impact of MIddle East
U.S. crude oil rises for third day as traders fear Middle East escalation that disrupts supplies
08:43am, Thursday, 03'rd Oct 2024
U.S. crude oil has gained nearly 5% this week as traders fear Israel could retaliate against Iran by hitting crude infrastructure. OPEC+ spare oil capacity is keeping prices from running higher, analy
Russia's Novak says OPEC+ to continue key role in stabilising oil market
08:35am, Thursday, 03'rd Oct 2024
Russian Deputy Prime Minister Alexander Novak said the OPEC+ group of leading oil producer will continue to play a decisive role in global oil market stabilisation.
Crude Oil Price Forecast – Crude Oil Continues to See Upward Pressure
08:31am, Thursday, 03'rd Oct 2024
The crude oil market continues to see a lot of noise, but at this point in time, the market looks likely to try to break to the upside. All things considered, this is a market that will continue to tr
Oil Prices Surge as Tensions Rise Between Israel and Iran
08:10am, Thursday, 03'rd Oct 2024
Recent options data indicates that investors are betting on further increases in oil prices due to escalating hostilities between Israel and Iran, which could threaten Middle Eastern energy infrastruc
Oil market faces a rude awakening if Iran's energy infrastructure is targeted, analysts say
07:16am, Thursday, 03'rd Oct 2024
Oil markets are being too complacent given the risk of major supply disruptions in the Middle East, analysts told CNBC on Thursday. Bjarne Schieldrop, chief commodities analyst at Swedish bank SE
Oil prices rise as traders await Israel response to Iran attack
06:49am, Thursday, 03'rd Oct 2024
Oil futures rose Thursday, finding continued support as traders awaited Israel's response to a missile barrage earlier this week by Iran amid concerns of a wider Middle East conflict that could disrup
Oil Climbs for Third Day on Middle East Supply Risks
06:38am, Thursday, 03'rd Oct 2024
Brent crude climbed near $75 a barrel, on course for the longest run of daily gains since August, as Oil rose for a third day with traders assessing supply risks in the Middle East. Paul Wallace repor
Oil News: Middle East Tensions Lift Crude Prices, U.S. Inventory Build Cap Gains
05:47am, Thursday, 03'rd Oct 2024
Middle East tensions push crude prices higher, but rising U.S. inventories cap further gains. Can OPEC's spare capacity keep oil markets stable amid conflict?
OPEC+ could cushion Iran oil shock but not broader disruption
04:07am, Thursday, 03'rd Oct 2024
OPEC has enough spare oil capacity to compensate for a full loss of Iranian supply if Israel knocks out that country's facilities but the producer group would struggle if Iran retaliates by hitting in
Oil prices could be marginally softer next year, economist says
03:02am, Thursday, 03'rd Oct 2024
Simon Ballard, chief economist at First Abu Dhabi Bank, discusses oil market reactions to geopolitical tensions in the Middle East.
Natural Gas and Oil Forecast: Geopolitical Risks vs. Supply Levels – Upside Ahead?
01:58am, Thursday, 03'rd Oct 2024
WTI hovers at $70.94 as the market balances geopolitical concerns and rising U.S. crude inventories.
Dangerous times for the oil market, oil analyst says
09:22pm, Wednesday, 02'nd Oct 2024
Andy Critchlow, EMEA head of news at S&P Global Commodity Insights, discusses the recent fluctuations in global oil prices due to the ongoing tensions in the Middle East.
Oil Rises On Concerns Over Supply Disruptions
09:16pm, Wednesday, 02'nd Oct 2024
Oil gained. ANZ Research analysts said there were fears of oil supply disruptions following a news report that Israel is considering a missile attack within days.
Middle East tensions: Israel may try to reduce Iran's ability to export oil, says GeoQuant
08:59pm, Wednesday, 02'nd Oct 2024
Ross Schaapp, head of research at GeoQuant, says that will "dramatically" increase oil prices.
Sign In
Buy UCO