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Brent falls below $80
Brent falls below $80 as oil rally pauses, traders await Israeli response to Iranian missile attack
A rally in oil prices was taking a pause on Tuesday early morning as traders await Israel’s response Iran’s latest round of aggression.
Brent Oil Surges to $80 as War Risk Keeps Investors on Edge
Oil opened the week lower as the market waited to see if Israel would retaliate against Tehran for a missile attack last week, with President Joe Biden discouraging a strike on Iran’s crude fields.Most Read from BloombergSingapore Ends 181 Years of Horse Racing to Make Way for HomesFrom Cleveland to Chicago,
Oil rally pauses as investors await Israeli response
A rally in oil prices took a break on Tuesday as the market waits for Israel's response to last week's Iranian rocket attacks that prompted a price surge on concerns of a broader conflict in the Middle East.
Oil prices extend gains on Mideast tensions
Oil prices extend gains on fears of wider Middle East conflict
Oil prices extended gains on Monday, with Brent nearing $80 to build on last week's steepest weekly jump since early 2023, driven by fears of a wider Middle East conflict and potential disruption to exports from the major oil-producing region.
Oil prices extend gains on Mideast tensions, Wall Street slips
Oil rose above $80 Monday on Middle East tensions while equities slid in New York as political and interest rate concerns dented the recent rally.
Oil Prices Rise on Middle East Disruption Risks
Oil prices were rise, with Brent crude oil up 1.9% to $79.50 a barrel and WTI gaining 2.1% to $75.96 a barrel. Brent has risen nearly 11% in the past week, as the market weighs risks of oil-production disruption in the Middle East following Tuesday's strikes on Israel by Iran,
1d
WTI, Brent oil settle at highest since late August
Global Brent crude prices settled Monday above $80 a barrel for the first time since August, as the risk of an Israeli ...
15h
Crude oil prices today: WTI prices are up 0.60% today
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, ...
14h
on MSN
United States Brent Oil Fund Shares Are Trading Lower Today: What You Need To Know
The United States Brent Oil Fund Inc. (NYSE:BNO) is down Tuesday, reflecting a broader decrease in oil prices. This decline ...
1d
Oil prices extend gains, lifting Brent crude towards $80 on fears of wider Middle East conflict
Oil prices pared gains in early trade on Monday after charting their biggest weekly rise in over a year on Friday amid ...
Oil
12h
EIA reduces crude oil price forecast through end-2025 on lower demand
In this month's outlook, EIA educed its 2025 forecast for US Lower 48 states (L48) crude oil production from last month by 1% ...
Upstream
21m
Apex US energy agency lowers oil price and global demand forecast for 2025
Global oil demand likely to increase by 1.2 million bpd to 104.3 million bpd in 2025, lower than earlier forecast, EIA says ...
2d
Oil’s Security Premium Could Rise, But Is Unlikely To Persist
An attack on Iranian oil fields would raise oil prices, but overall, the odds are for a return to the lower levels of ...
In Depth
6d
In Depth
Exclusive: Brent oil traders use little known rule to reroute US cargoes
Big energy merchants trading oil cargoes that form the basis of the Brent benchmark have used an obscure clause to reroute ...
1h
Crude oil futures down due to profit-booking after recent surge
Crude oil futures drop due to profit booking after Monday's surge, market watches West Asia tensions and Hurricane Milton ...
Crude Oil Prices
23h
Oil Prices Drop as War Premium Fades
Oil prices retreated after initial gains as concerns about Chinese demand overshadowed ongoing tensions in the Middle East.
1d
Brent crude nears $80 as hedge funds reverse bets
Daan Struyven, an analyst at Goldman Sachs, told clients that a six-month disruption, hitting about 1mn b/d, would push Brent ...
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