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Middle East tensions drive oil prices
Crude oil prices today: WTI prices are up 3.37% today
WTI futures traded around $73.94 per barrel, as of 9 a.m. ET. That’s an increase of 3.37% in the last 24 hours.
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.
Oil Prices Keep Rising As Middle East Concerns Grow
Growing concerns of a retaliation by Israel affecting Iran's oil production pushed crude oil futures more than 5% higher Thursday, powering gains for oil-related stocks.
Iran, Israel and Oil
Oil on pace for biggest weekly increase in more than a year on fears of Israeli strike against Iran
Oil was on pace to gain 9% in what would amount to its biggest weekly increase in more than a year over concerns that Israel could target Iran’s crude facilities in response to Tehran’s recent missile assault.
Crude oil set for best week since March 2023 on fears Israel will strike Iran oil industry
Oil prices would spike by $10 to $20 per barrel if an Israeli strike knocks out 1 million barrels per day of Iranian production over a sustained period, according to Goldman Sachs. U.S. crude oil is on pace for its best week since March 2023,
Oil prices set for biggest weekly jump since early 2023 on fears of Israel striking Iran's oil facilities
Gaza Oil prices retreated from major overnight gains on Friday but were still headed for their biggest weekly jump since the first quarter of 2023 amid escalating geopolitical tension, with Israel's potential retaliatory strike on the Iran's oil infrastructure prompting worries over supply disruption.
9h
Oil Prices Shot Up This Week. How High Will They Go?
Oil markets are on edge this week as traders try to anticipate impacts on oil supplies from a potential major retaliation on ...
1h
Oil Prices Jumped at Steepest Weekly Rate in 18 Months
Oil prices' steepest weekly rise since March 2023 began when Iran's historic missile strike on Israel Tuesday rekindled fears ...
4h
on MSN
How worried should I be about rising oil prices?
As the conflict across the Middle East widens, rising oil prices are being closely watched. The cost of oil affects ...
15h
on MSN
Why oil prices haven't skyrocketed on Middle East supply fears — yet
Energy analysts have questioned whether oil markets are being too complacent about the risk of a widening conflict in the ...
23h
Will Oil Prices Surge to $100 a Barrel?
A widening conflict in the Middle East and a surge in oil prices have triggered a rush into bullish bets tied to the ...
14h
Oil prices climb as Middle East conflict counters ample supply outlook
Oil prices rose further on Friday and were on track for strong weekly gains as investors weighed the prospect of a wider ...
1d
on MSN
Oil prices could surge 161% if Middle East conflict wipes out Iran's energy infrastructure, commodity chief says
If Iran's oil installations are taken offline, oil prices could surge over $200 per barrel, SEB's Bjarne Schieldrop said.
10h
Jobs and Oil Prices Are Keeping Markets on Edge
Friday’s jobs report could bolster the view that the American economy is holding steady, but an oil price shock could ...
4h
ExxonMobil Warns Lower Oil Prices and Refining Margins Will Hurt Q3 Profit
ExxonMobil said lower oil prices and refining margins will lower third-quarter profit as compared with the second quarter.
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