WTI futures traded around $73.94 per barrel, as of 9 a.m. ET. That’s an increase of 3.37% in the last 24 hours.
Options traders have made record bets that will pay off if Middle East tensions push oil toward $100 a barrel.
A widening conflict in the Middle East and a surge in oil prices have triggered a rush into bullish bets tied to the ...
WTI crude fell to its 52-week low of $64.78 per barrel on Sep. 10, 2024. It reached its 52-week high of $91.09 on Oct. 20, ...
Oil prices surged on Thursday as concerns mounted that a widening regional conflict in the Middle East could disrupt global ...
Gasoline inventories also rose, while distillate fuel oil stocks fell.
Oil prices edged up on Wednesday on worries that the escalating conflict in the Middle East could threaten oil supplies from ...
Iran is a major player in the global oil market, producing more than three million barrels of oil a day, so the growing risk ...
Crude oil gained as much as 5% as reports of Iranian missiles targeted at Israel came in Tuesday, in an escalation of ...
James Davis, the Director of Short-Term Global Oil Service & Head of Upstream Oil at FGE, revealed to Rigzone that FGE ...
Nvidia shares helped cushion the losses, and the 3.3% gain for the chip company was the strongest force pushing up on the S&P ...
The Nigerian National Petroleum Company Limited has pledged 272,500 barrels per day of crude oil through a series of crude-for-loan deals totalling $8.86bn. By pledging 272,500 barrels daily ...