Oil prices rise as Middle East tensions escalate, markets hedge against $100 a barrel surge
Oil prices have surged amid escalating tensions in the Middle East, with traders hedging against a "worst-case scenario" that could see prices climb to $100 a barrel.
Is The Oil Market Underestimating The Risk Of Middle East Conflict?
As Middle East tensions rise, explore whether the oil market is underestimating geopolitical risks and the impact of algorithmic trading on prices.
Oil Prices Tumble 4% as Demand Fears Override Middle East Risk
Oil prices declined significantly as traders shifted their focus back to China's economic challenges and the fading war premium in the Middle East.
Oil Prices Climb. Middle East Tensions Weigh Heavy on the Market.
Oil prices were on the rise again Monday as traders weighed the threat of a broader conflict in the Middle East. The Brent crude international benchmark climbed 2.4% to $79.90 a barrel in early trading,
Oil prices slide after rallying to highest in over month with Middle East tension
International benchmark Brent crude fell by 2% to $79.16 per barrel at 10.39 am local time (0739 GMT), down from Monday’s close of $80.80. Meanwhile, US benchmark West Texas Intermediate (WTI) declined by 2.18% to $75.14 per barrel, compared to its prior session close of $76.82.
What’s next for oil and gas prices as Middle East tensions heat up?
Oil prices climbed this week as unrest in the Middle East escalated. Iran launched missiles at Israel and the Israelis threatened retaliation, raising the possibility of a disruption on the flow of oil 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.
Oil retreats as investors pare bets on Middle East war risk after sharp rally
Oil prices fell more than $1 a barrel on Tuesday as traders took profits from a rally in the previous session that lifted the market to its highest level in over a month on fears the Middle East could be on the brink of a region-wide war.
Oil Futures Extend Rally on Middle East Geopolitical Tensions
Oil futures added to last week’s heavy gains as traders hedge against the possibility of Israel striking Iranian energy infrastructure in response to last week’s missile attack.
Crude Oil Prices2h
Could Middle East War Reignite Runaway Inflation?
A potential attack on Iran's oil infrastructure may, at least temporarily, lead to higher prices at the pump in the U.S.
Oil prices extend gains, lifting Brent crude towards $80 on fears of wider Middle East conflict
Oil prices pared gains in early trade on Monday after charting their biggest weekly rise in over a year on Friday amid ...
Oil sinks nearly 5% as run-up amid Middle East conflict pauses, China stimulus dissapoints
Oil snapped a five-day winning streak on Tuesday as the recent rally stemming from the Middle East conflict took a pause, and ...
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.
Crude oil prices today: WTI prices are up 0.60% today
WTI crude fell to its 52-week low of $64.78 per barrel on Sep. 10, 2024. It reached its 52-week high of $91.09 on Oct. 20, ...