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Oil slips
Oil prices are rising amid the Middle East war. What does it mean for the election?
An escalation of conflicts in the Middle East in recent weeks has triggered a sharp increase in oil prices, raising uncertainty about where costs will head in the final weeks before Election Day.
Oil slips as strong supply counters Middle East and hurricane risk
Oil prices erased early gains on Wednesday as weak demand fundamentals and rising supply countered elevated risk of supply disruption from conflict in the Middle East and Hurricane Milton in the United States.
Oil Edges Up Amid Middle East Risks, China Stimulus
Oil prices edge higher as markets remain wary of a potential Israeli strike on Iran’s oil infrastructure and ahead of a government briefing on China’s fiscal policy later this week. Brent crude is up 0.
Crimea, Ukraine and Oil Terminal
Ukraine strikes oil depot in Crimea
The Ukrainian military hit the largest oil depot in Russian-occupied Crimea early Monday, causing a large fire at the facility.
Crimea Satellite Photos Reveal Damage to Oil Terminal on Fire After Strike
Images show plumes of black smoke over an oil terminal off the coast of the occupied Crimean Peninsula after a Ukrainian strike.
Ukraine claims oil terminal strike
Ukraine's military said it struck a major oil terminal Monday in Crimea that provides fuel for Russia's war effort as Ukrainian President Volodymyr Zelenskyy said the war has entered a key phase. Both sides are facing the issue of how to sustain their costly war of attrition -- a conflict that started with Russia's full-scale invasion of Ukraine in February 2022 and that shows no signs of a resolution.
1h
Crude oil prices today: WTI is trading at $72.85
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
54m
on MSN
U.S. Crude Oil Stockpiles Rise More Than Expected
Inventories rose for a second consecutive week as production picked up and refineries reduced their capacity use, the EIA ...
1h
on MSN
Oil prices fall as weekly U.S. crude supplies climb by nearly 6 million barrels
Oil futures were lower Wednesday morning ahead of official data on U.S. inventories, extending a sharp pullback seen the ...
13h
Oil prices steady after sliding on potential Israel-Hezbollah ceasefire
Oil prices steadied in Asian trading on Wednesday as traders weighed developments in the Middle East conflict against ...
3h
on MSN
U.S. crude oil drifts lower, trades below $74 per barrel after selloff
Goldman Sachs sees global benchmark Brent jumping as much as $20 if an Israeli strike disrupts Iranian crude oil production.
1h
on MSN
Exxon nicked by rare Sell rating as Exane downgrades oil majors on oversupply
Exxon Mobil (NYSE:XOM) -0.3% in Wednesday's trading as BNP Paribas Exane downgrades shares to Underperform from Neutral with ...
3h
Top Kazakh oil field hits record output amid tensions with OPEC+, sources say
Kazakhstan's biggest oil field Tengiz, operated by U.S. major Chevron , boosted output to a record high in October, sources ...
20h
on MSN
Stock market today: Tech rally leads stocks higher as oil prices plunge and earnings kick off
US stocks rebounded on Tuesday after Monday's losses, with momentum revived by a tech rally and falling crude prices. The ...
23h
US Oil Production Growth to Slow More Than Expected in 2025
The US expects crude production to grow by just 320,000 barrels a day next year, much slower than previously estimated.
The Economist
1d
Could war in the Gulf push oil to $100 a barrel?
Oil markets are nervous. Last week crude prices rose by 10%, to $78 a barrel, their biggest weekly gain in almost two years ...
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