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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.
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Meanwhile, gasoline inventories rose by 200,000 barrels, off from analyst forecasts of a 400,000-barrel increase.
The Environmental Protection Agency has told staff overseeing the country’s industrialized Midwest– a region plagued by a ...
Oil options are now more bullish than after Russia’s invasion of Ukraine in 2022, showing a global market that’s on edge as ...
The CEO of Italian energy company Eni said on Wednesday oil markets are signalling that an escalation between Israel and Iran ...
The Senate version of President Donald Trump’s tax-cutting bill slashes green energy tax credits but contains lucrative ...
Iran’s oil exports have jumped since the nation came under attack from Israel on Friday, according to a firm that specializes ...
Serica Energy offers strong income potential with a 12% forward dividend yield, solid balance sheet, and promising production ...
4hon MSN
MOSCOW (Reuters) -Russian Deputy Prime Minister Alexander Novak has discussed the situation on the global oil market with ...
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