Oil prices turn higher for the year on risks to crude flow in the Middle East
Oil futures finished higher for a third straight session on Thursday, prompting prices to turn higher for the year, 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 disrupt flows of crude from the region.
ExxonMobil said lower oil prices and refining margins will lower third-quarter profit as compared with the second quarter.
Oil markets are on edge this week as traders try to anticipate impacts on oil supplies from a potential major retaliation on ...
As the conflict across the Middle East widens, rising oil prices are being closely watched. The cost of oil affects ...
Energy analysts have questioned whether oil markets are being too complacent about the risk of a widening conflict in the ...
A rise in oil prices intensified Thursday after President Biden suggested that U.S. officials are considering whether to ...
If Iran's oil installations are taken offline, oil prices could surge over $200 per barrel, SEB's Bjarne Schieldrop said.
Growing concerns of a retaliation by Israel affecting Iran's oil production pushed crude oil futures more than 5% higher ...
Oil prices rose further on Friday and were on track for strong weekly gains as investors weighed the prospect of a wider ...
Friday’s jobs report could bolster the view that the American economy is holding steady, but an oil price shock could ...
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