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Oil prices jump again on worries about Middle East
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 everything from the price of food at the supermarket to how much it costs to fill up your car. The price of crude oil has risen almost 10% this week to around $78 a barrel as the conflict has intensified.
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 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 Prices Spike as Biden Says He’s Discussing Israeli Strikes on Iran Refineries. A Big Shock Hasn’t Been Priced In Yet.
The recent increase in crude prices and energy stocks is all about Israel and Iran. But oil is still well below highs for the year.
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 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.
7h
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 ...
12h
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 ...
13h
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 ...
21h
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 ...
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.
9h
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 ...
2h
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.
11h
October Russian Urals oil prices trades $5/bbl above price cap as Brent rallies, calculations show
Urals crude oil have risen back above $65 a barrel at Russian Baltic and Black Sea ports, or $5 higher than the price cap set ...
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Iran
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Middle East
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