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The latest escalation in the Middle East has the potential to cause widespread price increases that could set consumers back.
Halliburton is the third-largest oilfield services company in the world, so any time oil prices go up, it's a recipe for ...
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Barchart on MSNCrude Oil Prices Soar on Israel's Attack on IranWTI crude oil (CLN25) closed up +4.94 (+7.26%), and July RBOB gasoline (RBN25) closed up +0.0847 (+3.95%). Crude oil prices ...
Crude futures posted their sharpest single-day gains in more than three years after Israel launched air strikes against Iran’s nuclear sites and other military targets.
Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days ...
Fears that Israel may destroy Iranian oil facilities to deprive it of its main source of revenue have driven oil prices ...
Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia ...
Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...
The latest escalation in tensions in Iran has paved the way for the return of risk premiums on oil prices once again.
Israel’s strike on Iran has injected a fresh bout of geopolitical risk into an oil market that has been in the doldrums due to concerns about the global economy and supply increases from OPEC+.
As OPEC+ accelerates its unwinding of production cuts — along with supply growth elsewhere — the company forecasts production ...
Oil Market Can Handle OPEC+ Supply Surge Through Summer But Risks Mount Beyond Oil prices slid after jumping in the previous session, while Rystad Energy said the market can absorb accelerated OPEC+ ...
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