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Crude oil prices seen to stabilise
Crude oil prices today: WTI is trading at $74.69
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors related to U.S. and international supply and demand conditions. For example, the Brent/WTI spread hit nearly $14/bbl in April 2011 when protests sparked market fears of significant oil supply disruptions in the Middle East.
U.S. crude oil jumps nearly 3%, trades above $76 as market waits for Israel strike against Iran
U.S. crude oil rose nearly 3% on Monday, as the market waited for Israel to strike Iran. Oil prices spiked last week on fears that Israel could hit the Iran's oil industry in retaliation for Tehran's ballistic missile attack.
Biden ‘discussing’ Israel blowing up Iran’s oil — causing global spike in crude prices
WASHINGTON — President Biden said Thursday that the US is “discussing” the possibility of Israel bombing Iranian oil facilities as payback for a volley of nearly 200 rockets fired at the Jewish state on Tuesday — causing a spike in global crude prices.
Crude oil is nearing $80/bbl
Brent crude pushes toward $80 a barrel on fears Middle East war will threaten supply
Oil futures climbed on Monday, building on last week’s strong gains as investors monitored developments in the Middle East amid fears a more direct conflict between Israel and Iran could threaten crude supplies from the region.
Brent crude surges above $80 as conflict and storm spark supply fears
Oil prices surged above $80 on Monday as fears grow of an escalating conflict in the Middle East and possible supply disruptions in the US Gulf of Mexico from a major hurricane. Brent crude, the global oil benchmark,
Crude oil is nearing $80/bbl as Middle East war fears intensify
Brent Crude is nearing $80 a barrel amid fears of elevated conflict in the Middle East. Brent Crude futures (CO1:COM) are up $1.23, or 1.57%, to $79.28 a barrel early Monday. Also, WTI crude futures (CL1:COM) are up $1.
15h
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 ...
1d
Dangote’s Nigerian Crude Grab to Shake Up Atlantic Oil Markets
Dangote oil refinery is due to take in up to 400,000 barrels a day of Nigerian crude over the coming two months as Africa’s ...
MarketWatch
22h
Crude Oil WTI (NYM $/bbl) Front Month
2-Year U.S. Treasury Note Continuous Contract $103.500 0.109 0.11% 5-Year U.S. Treasury Note Continuous Contract $108.703 0.188 0.17% 10-Year U.S. Treasury Note Continuous Contract $112.688 0.203 ...
The Punch Newspapers on MSN
9h
Naira-for-crude: FG panel proposes six-month supply for Dangote refinery
The supply of crude oil in naira to the Dangote Petroleum Refinery by the Nigerian National Petroleum Company Limited is to ...
5d
Crude, copper, commodities may steady, if US stocks keep rising
It's normal for commodities to get relatively cheap after price pumps akin to 2022, but typical reversion of an emerging ...
2d
on MSN
Peer criticises 'crude' House of Lord reform plans
Lord Inglewood, who lives at Hutton-in-the-Forest near Penrith, Cumbria, said the government’s plans to remove peers who ...
5d
on MSN
Saudi minister says crude prices could fall 33% if OPEC members don't stop pumping so much
Part of the issue is that members are not sticking to their pledged cuts. The Saudi minister called out Iraq, which surpassed ...
5d
on MSN
Middle East conflict lifts oil prices despite large US crude build
Oil prices edged up on Wednesday on worries that the escalating conflict in the Middle East could threaten oil supplies from ...
16h
on MSN
Brent crude ends above $80 on rising risk of Israeli response to Iranian missile attack
Global Brent prices settled Monday above $80 a barrel for the first time since August, as the risk of an Israeli response to ...
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