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What’s next for oil and gas prices
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 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 Middle East conflict disrupting crude flows against a well-supplied global market.
Oil Price Spikes From Middle East Conflict Get Noticed on Wall Street
Wall Street has taken notice — share prices for companies in oil, gas, and drilling have moved higher with crude prices. The S&P 500 has dropped nearly one percent in that stretch. The energy sector within that index has rallied nearly 7 percent.
7h
on MSN
Satellite imagery shows Iranian oil tankers at country’s major terminal disappearing amid fears of Israeli counterattack
Fifteen miles off Iran's northwestern coast, the Kharg Island terminal handles more than 90% of the country's crude exports.
18h
Oil Surges After Biden Says U.S. Discussing Israel Attack on Iran Facilities
A calm 2024 for petroleum prices has given way to bets that a spike in energy prices could follow.
1d
$100 oil could be the October surprise no one wanted
At just $70 a barrel, US oil prices remain much closer to their 2024 lows than their highs last fall of nearly $90. The ...
6h
on MSN
Traders Bet Big on $100 Oil as Israel Launches New Attacks
President Joe Biden on Thursday told reporters he was discussing possible Israeli strikes on Iranian refineries, further ...
3h
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 ...
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.
6h
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 ...
4h
Biden says he would weigh alternatives to striking Iranian oil if he were in Israel's shoes
President Joe Biden said on Friday he would think about alternatives to striking Iranian oil fields if he were in Israel's ...
12h
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 ...
Hosted on MSN
1d
Libya to resume oil production after force majeure lifted
Libya will resume oil production starting on Thursday after the National Oil Corporation (NOC) lifted force majeure at all ...
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