oil prices middle east

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Traders pile into $80 US oil bets

Commodity Roundup: Oil swings, European gas prices climb amid escalating Middle East tensions

Oil prices fluctuated on Monday after jumping 7% on Friday, as renewed strikes between Israel and Iran over the weekend heightened market concerns, while European Gas prices rose. While the strikes did not directly affect Iran’s oil exports,

OilPrice.com · 2h

Rystad: Oil Prices To Remain Below $80 Despite Escalating Middle East Tensions

Oil prices are expected to remain capped below $80 per barrel despite the escalating conflict between Israel and Iran, according to Rystad Energy, with a potential US stabilizing role and the unlikely but feared scenario of a Strait of Hormuz closure being key factors.

Reuters on MSN · 2d

Traders pile into $80 US oil bets as tensions rise in Middle East

(Reuters) -Traders on Friday exchanged the most $80 West Texas Intermediate (WTI) crude oil call options since January, expecting more upside to prices after Israeli airstrikes on Iran sparked fears of a wider Middle East conflict.

Oil Prices Rise

The New York Times · 1h

Oil Prices Drop, but Iran-Israel Conflict Raises Many Risks

The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude remains below the $80 average for 2024, the Deutsche Bank analysts wrote. The market continued to waver, though, and by Monday, oil prices had fallen about 3 percent.

Reuters on MSN · 13h

Oil firm as intensifying Israel-Iran conflict stokes supply disruption fears

Oil prices climbed on Monday, extending Friday's rally, as renewed strikes by Israel and Iran over the weekend increased concerns that the battle could widen across the region and significantly disrupt oil exports from the Middle East.

U.S. News & World Report · 18h

Oil Prices Rise as Israel-Iran Conflict Heightens Fears of Supply Disruptions

Oil prices jumped in early Asian trade on Monday after Israel and Iran launched fresh attacks on Sunday, heightening fears that escalating battle could trigger a broader regional conflict and widely disrupt oil exports from the Middle East.

Allegra Stratton: Eyes on the Oil Price

This latest iteration of the Middle East crisis is both familiar and unfamiliar. We’re all back obsessing about the oil price ...

14h

Exxon Mobil And The Next Oil Spike: Middle East On Edge

Geopolitical tensions in the Middle East could drive oil prices as high as $120 per barrel according to JP Morgan, benefiting ...

Middle East tensions could lead to higher gas prices in North Texas, experts say

As tensions escalate between Israel and Iran, North Texas energy experts are closely monitoring the impact on global oil ...

Money Morning1h

Skip the Oil Rally, Buy this Energy Instead

Oil prices are surging again. Over the past few weeks, crude has jumped more than 10% on the back of intensifying Middle East ...

Middle East conflict will likely drive up gas prices in Florida, nationwide

Escalating tensions between Israel and Iran will likely lead to increases in gas prices in Florida and across the nation.

13h

Texas Pacific Land: An Additional Tailwind From The Middle East

Rising Middle East tensions have driven oil prices higher, potentially boosting Texas Pacific Land's future earnings. Read ...

2don MSN

Unrest in the Middle East threatens to send some prices higher

If prices go up, Fed officials may be inclined to raise its benchmark rate, raising borrowing costs for businesses and ...

Here’s the ‘danger zone’ for U.S. oil prices causing recession, according to DataTrek

Oil prices recently jumped on worries over the fallout from escalated tensions in the Middle East, but not to levels that risk leading to a recession, according to DataTrek Research. Based on recent U ...

What’s Fueling Oil Prices? Geopolitics, Not Growth

Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...

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