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Oil prices rise on Middle East conflict
Oil prices post losses for the month and quarter on bets for a supply surplus
Oil futures ended Monday with losses for the session, month and quarter, pressured by expectations that major oil producers will boost production in December — leading to a surplus of supplies as the outlook for demand remained uncertain.
Oil prices rise on Middle East conflict, but set for monthly loss
Oil prices rose on Monday on fears of a widening conflict in the Middle East curtailing Iranian crude supply, but prices were headed for a third straight monthly loss because of concerns about waning global demand.
Oil prices set to fall for third month despite Middle East conflict
On Monday prices had been supported by the possibility that Iran, a key producer and member of the Organization of the Petroleum Exporting Countries, may be directly drawn into a widening Middle East
10m
on MSN
Oil and ammonia found at dead-fish dyke - company
A water company investigating the death of about 900 fish in a dyke said it had found other potential sources of pollution in ...
3h
Oil Steady as Prospect of More Supply Offsets Middle East Conflict Worries
"The risk of supply disruptions in the Middle East are being offset by the prospect of production hikes from OPEC. Despite ...
15h
Big US oil companies reveal massive payments to foreign governments
The three largest U.S. energy exploration companies paid more than $42 billion to foreign governments last year, about eight ...
14h
Oil Update - September 2024
This past month’s movements in oil prices seemed rather severe. Only a few weeks ago, some were talking about Brent oil ...
17h
Oil Forecasts Cut for 5th Straight Month on Demand, OPEC Uncertainty
(Reuters) - Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and ...
17h
Libya Set to Revive Halted Oil Production as Bank Crisis Eases
Libya’s eastern-based parliament approved a new central bank governor, ending a standoff over control of the OPEC member’s ...
12h
on MSN
Oil market more focused on Chinese demand than Middle East tensions, says RBC's Helima Croft
Helima Croft, RBC Capital Markets head of global commodity strategy, joins 'Money Movers' to discuss how stable oil supply ...
9h
Second oil company CEO conspired with OPEC to keep prices high, FTC charges
Federal regulators are alleging a major oil company CEO conspired with foreign governments to keep oil and gas prices high.
21h
Oil-Product Exports From India Jump Amid Maintenance in Europe
Exports of clean oil-product exports from India jumped to their highest since March 2022 as refinery shutdowns in Europe led ...
6h
on MSN
US buys 6 million barrels of oil for Strategic Petroleum Reserve
The U.S. has bought 6 million barrels of oil for the Strategic Petroleum Reserve for delivery through May 2025, the ...
20h
on MSN
Oil markets not pricing in an 'all-out war' after Israel kills Hezbollah leader, but risks persist
Oil prices barely budged after Hezbollah confirmed that its leader was killed on Friday in an Israeli airstrike in the ...
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