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Oil prices jump again on worries about Middle East
Oil prices set for 9% weekly gains on threat of wider war in the Middle East
Oil prices were on track for weekly gains of 9% as investors feared a wider Middle East conflict could disrupt crude flows after President Joe Biden said the United States was discussing an Israeli attack on Iranian oil facilities.
Oil Price Spikes From Middle East Conflict Get Noticed on Wall Street
Wall Street has taken notice — share prices for companies in oil, gas, and drilling have moved higher with crude prices. The S&P 500 has dropped nearly one percent in that stretch. The energy sector within that index has rallied nearly 7 percent.
Oil Prices Keep Rising As Middle East Concerns Grow
Growing concerns of a retaliation by Israel affecting Iran's oil production pushed crude oil futures more than 5% higher Thursday, powering gains for oil-related stocks.
20h
on MSN
Stock market today: Indexes fall, oil surges on Middle East turmoil ahead of jobs report
Indexes fell Thursday on rising risks to oil supplies amid escalating Middle East tensions and as traders braced for Friday's ...
7h
October Russian Urals oil prices trades $5/bbl above price cap as Brent rallies, calculations show
Urals crude oil have risen back above $65 a barrel at Russian Baltic and Black Sea ports, or $5 higher than the price cap set ...
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