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News
Middle East, Ukraine just dealt another blow to your wallet
1+ day, 22+ hour ago (982+ words) If you're expecting to fill up a gas tank or a truck with diesel fuel in the next few days, don't be surprised that prices are higher. Wholesalers in the United States and elsewhere have been telling customers they're raising…...
Petrol price panic as Middle East tension flares
1+ day, 13+ hour ago (684+ words) Perth drivers have begun preparing for more pain at the bowser after global oil exports were threatened by Yemen rebels capturing an island at the entrance to the Red Sea, one of the world’s key shipping lanes. Only six months…...
Oil Tanker Rates Hit Record Highs as Middle East Shipping Risks Soar
4+ day, 11+ hour ago (373+ words) Oil tanker rates have jumped to record highs as escalating risks to shipping in and out of the Middle East are prompting traders and tanker operators to undertake inefficient and more expensive trade routes. While the crude oil supply is…...
Brent Jumps Past $100 Amid Widening Middle East War
5+ day, 4+ hour ago (74+ words) Brent crude prices crossed $100 per barrel for the first time since late July as Iran attacked 10 ships near the Strait of Hormuz, deepening the ongoing Middle East conflict. Brent futures were last... Oops, something went wrong Brent Jumps Past $100 Amid…...
Commodity Corner: Oil extends gains amid Middle East supply disruption fears; gold slips on rate hike bets- Moneycontrol.com
1+ week, 12+ hour ago (209+ words) Commodity markets traded mixed on September 7, with oil prices extending gains amid escalating US-Iran tensions and growing concerns over prolonged supply disruptions from the Middle East, while gold remained under pressure after stronger-than-expected US payrolls data. Oil prices extended gains…...
Energy Prices May Remain Elevated Amid New Middle East Dynamics
1+ week, 3+ day ago (67+ words) The price of oil moved above $90 a barrel recently, and according to TD Asset Management's Humza Hussain, new dynamics in the Middle East conflict could keep energy prices higher for longer. - Changing dynamics in the Middle East conflict may keep…...
Huge oil price hike expected next week due to tensions in Middle East, Russia
1+ week, 3+ day ago (147+ words) MANILA, Philippines — Fuel prices are once again estimated to go up next week due to the recent tensions in the Middle East and in Russia, local oil industry sources said on Friday. They said that... Huge oil price hike expected…...
Oil prices rise on escalation in Middle East
1+ week, 4+ day ago (385+ words) LONDON, Sept 3 (Reuters) - Oil prices rose on Thursday after U.S. strikes on Iran and renewed Israeli threats against Tehran revived concerns about disruptions to Middle East supplies. Brent crude futures were up 59 cents, or 0.62%, at $96.22 a barrel by 1327 GMT while U....
Commodities: Oil Near $90 On Escalating Middle East Risks
4+ week, 1+ day ago (134+ words) Oil remains supported near $90/bbl by Middle East tensions and attacks on vessels in the Strait of Hormuz ICE Brent traded just below $90/bbl in early Asian trading, extending Monday’s gains. Prices... - ICE Brent traded just below $90/bbl in early…...