Oil prices rise nearly 2%, recovers some of last week's 7% decline
Oil prices settled nearly 2% higher on Monday, recouping some of last week's more than 7% decline, with no letup of fighting in the Middle East and expected Israeli retaliation on Iran worrying markets about supply from the region.
Oil Regains Some Ground Following Steep Loss
Oil prices rose in early European trade following a steep drop last week as Israel escalates its military campaign in Lebanon.
U.S. crude oil rebounds nearly 2% after selling off last week
Traders increasingly believe Israel-Iran tensions will not lead to an oil supply disruption in the Middle East.
Oil prices regain some ground after 7% loss last week
Oil prices rose on Monday, recouping some of last week's more than 7% decline on worries about demand in China, the world's top oil importer, and easing concerns about potential supply disruptions in the Middle East.
Oil Regains Ground Following Steep Loss as Market Weighs Middle-East Risks
Oil prices were rising in early European trade following a steep drop last week as Israel escalates its military campaign in Lebanon. Brent crude was up 0.6% at $73.48 a barrel, while WTI rose 0.8% to $69.
Oil prices fall in third week of October
Oil prices are falling in the third week of October. Oil companies announced the following adjustments in oil prices effective October 22, Tuesday: SHELL PILIPINAS, SEAOIL (effective 6 a.m.) Gasoline - P0.
Crude oil prices today: WTI is trading at $69.97
WTI futures traded around $69.97 per barrel, as of 9 a.m. ET. That’s an increase of 0.27% in the last 24 hours.
U.S. Oil Drilling is Set to Slide, No Matter Who Becomes President
Weakness in oil prices and expectations that output will rise next year means companies are pulling back on drilling.
Oil settles higher after last week’s 8% drop as traders weigh China demand concerns
Oil prices were rising on Monday morning, regaining some of last week’s 8% decline after China lowered its benchmark lending ...
Why the Oil and Gas Industry Is So Afraid of Kamala Harris
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China's surplus crude oil hits nearly 1 million bpd for September
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Why the Oil Market Is Not Shocked
Geopolitical turmoil, particularly in the Middle East, used to send oil prices soaring, as frantic traders—anticipating ...
Oil prices could soar 62% by early 2025 if the geopolitical situation deteriorates, Citi strategist says
Citi's bull case for oil hinges on conditions deteriorating sharply in the Middle East as tensions keep rising between Israel ...
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