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.
Iran is a major player in the global oil market, producing more than three million barrels of oil a day, so the growing risk ...
A widening conflict in the Middle East and a surge in oil prices have triggered a rush into bullish bets tied to the ...
If Iran's oil installations are taken offline, oil prices could surge over $200 per barrel, SEB's Bjarne Schieldrop said.
Friday’s jobs report could bolster the view that the American economy is holding steady, but an oil price shock could ...
A rise in oil prices intensified Thursday after President Biden suggested that U.S. officials are considering whether to ...
Saudi Arabia raised its main oil prices for buyers in Asia amid heightened volatility in the crude market as traders watch ...
ExxonMobil said lower oil prices and refining margins will lower third-quarter profit as compared with the second quarter.
The recent increase in crude prices and energy stocks is all about Israel and Iran. But oil is still well below highs for the ...
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