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-3.40 (-2.64%)
At Close: Jun 12, 2026
Oil News: Goldman Sachs Warns of $20 Oil Spike if Iran's Production Is Hit
07:26am, Friday, 04'th Oct 2024
Goldman Sachs warns of a potential $20 oil price spike if Iran's production is hit, as tensions in the Middle East escalate, driving crude futures higher.
Risk of All-Out War in Middle East Drives Oil Price Higher
07:09am, Friday, 04'th Oct 2024
The price of oil has soared this week as the escalation of hostilities raised the possibility Middle East oil supplies could be disrupted. Israel and Iran, as well as Tehran's proxies in Lebanon, G
Israel Launches New Missile Strikes on Beirut. Oil Prices Are Rising.
05:47am, Friday, 04'th Oct 2024
President Joe Biden on Thursday told reporters he was discussing possible Israeli strikes on Iranian refineries, further unsettling the market.
Satellite imagery show Iranian oil tankers at country's major terminal disappearing amid fears of Israeli counterattack
05:18am, Friday, 04'th Oct 2024
"The National Iranian Tanker Company (NITC) appears to be fearing an imminent attack by Israel," one tanker tracking firm wrote. Fifteen miles off Iran's northwestern coast, the Kharg Island terminal
Oil Prices Stabilize After Surge Amid Israel-Iran Tensions
04:50am, Friday, 04'th Oct 2024
During the early European trading session, oil prices stabilized after a surge of 5% due to rising concerns about potential Israeli retaliation against Iranian oil facilities. Brent crude and WTI crud
Why oil prices haven't skyrocketed on Middle East supply fears — yet
03:07am, Friday, 04'th Oct 2024
The oil price rally, which puts crude futures on track for gains of around 8% week-to-date, has surprised many market observers in that it appears to be somewhat subdued given what's at stake. For som
Crude up as Iranian oil targets discussed
02:34am, Friday, 04'th Oct 2024
Crude prices spike once again as U.S. President Joe Biden appears to say that Israeli retaliatory strikes on Iranian oil facilities may be under discussion. Wall Street looks set to snap a three-week
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
Oil market is short, says Carlyle Group's chief strategy officer
09:44pm, Thursday, 03'rd Oct 2024
Jeff Currie, the chief strategy officer of Energy Pathways at Carlyle Group, discusses oil markets.
Oil edges up on Middle East conflict but supply outlook limits gains
08:41pm, Thursday, 03'rd Oct 2024
Oil prices inched up in early Asian trading hours on Friday, holding on to their strong weekly gains, as investors weighed the Middle East conflict and the potential disruption in crude flows against
Oil Edges Higher Amid Cautious Sentiment Over Mideast Tensions
08:37pm, Thursday, 03'rd Oct 2024
Oil edged higher in early Asian trade on supply disruption worries.
Asia-Pacific markets set for lower open as investors weigh China stimulus, oil gains
07:50pm, Thursday, 03'rd Oct 2024
Asia-Pacific markets are set to open lower on Friday. They will track losses on Wall Street, with concerns over Middle East tensions keeping investors on edge.
