‘Iran is in for the long haul’ with oil tanker hijacks, expert says
Iranian soldiers take part in an annual military drill in the coast of the Gulf of Oman and near the strategic Strait of Hormuz. Anadolu | Anadolu | Getty Images…
Oil prices fall for second day as U.S. expects limited Israel response to Iran attack
Motorists drive their vehicles past a billboard depicting named Iranian ballistic missiles in service, with text in Arabic reading “the honest promise” and in Persian “Israel is weaker than a…
Oil is the ‘key risk to watch’ as Middle East tensions rise, analysts say
Markets kept their cool on Monday amid a fast-moving and volatile geopolitical landscape in the Middle East — but the longer-term risk premium has likely risen, while oil prices remain…
Oil prices could surge above $100 after Iran’s first attack on Israel
A refinery from the north of the Persian Gulf in Iran. Saeid Arabzadeh | Afp | Getty Images Oil prices could soar to $100 per barrel and beyond, said market…
U.S. oil prices approach $86 as market waits for Israel response to Iran’s drone and missile attack
An anti-missile system operates after Iran launched drones and missiles towards Israel, as seen from Ashkelon, Israel April 14, 2024. Amir Cohen | Reuters (View a special livestream of CNBC’s…
Morgan Stanley sees ‘hot summer’ for energy sector, gives top picks
A robust oil outlook on stronger-than-expected demand this year should provide a “hot summer” for energy stocks, according to Morgan Stanley. The investment bank has upgraded the energy sector to…
WTI, Brent rise as Israel braces for Iran attack
File photo of Israeli F-16 fighter jets performing during an air show over the beach in the Israeli coastal city of Tel Aviv on May 5, 2022. Jack Guez |…
WTI, Brent slip as focus shifts to inflation
The price of gas is displayed at a gas station on January 23, 2023 in Miami, Florida. Joe Raedle | Getty Images Crude oil futures fell on Thursday as worries…
Oil gains after Israel threatens Iran
Iranian people are standing in front of an anti-U.S. and anti-Israeli banner during a rally commemorating International Quds Day, also known as Jerusalem Day, and attending a funeral for members…
WTI, Brent fall as rally takes a pause
Israeli Defence Minister Yoav Gallant (L) visit the troops participating in Gaza Strip and made a situation assessment with the commanders in Rafah, Gaza on March 13, 2024. Ariel Hermoni…