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Oil prices set for 10% weekly rise

Oil Prices Shot Up This Week. How High Will They Go?

Oil markets are on edge this week as traders try to anticipate impacts on oil supplies from a potential major retaliation on Iran by Israel.

Wall Street Journal · 1d

Oil Prices Jumped at Steepest Weekly Rate in 18 Months

Oil prices' steepest weekly rise since March 2023 began when Iran's historic missile strike on Israel Tuesday rekindled fears of a wider war. It ended with a U.S. jobs report that suggested the world's largest economy is still humming.

Reuters on MSN · 1d

Oil prices set for 10% weekly rise as Middle East tensions heat up

Oil prices rose sharply on Friday, and were on track for 10% weekly gains as investors weighed the prospect of a wider Middle East conflict disrupting crude flows after President Biden said the US was discussing an Israeli attack on Iranian oil facilities.

Biden warns Israel against Iran oil strikes

Iran's oil minister 'not worried about crisis' amid Israeli threats

Iran's oil minister Mohsen Paknejad said on Saturday that he was "not worried" amid the escalating conflict in the region, the ministry's Shana news site said, after reports that Israel may strike Iran.

The New York Times · 2d

Oil Prices Jump After Biden Says ‘Discussing’ Israeli Strike on Iranian Facilities

The president was asked about a potential strike on the oil infrastructure of Iran, which accounts for about 2 percent of the world’s supply.

Bloomberg on MSN · 1d

Biden Discourages Israel From Attacking Iran’s Oil Fields

President Joe Biden sought to discourage Israel from attacking Iran’s oil fields, as the US looks to shape Prime Minister Benjamin Netanyahu’s response to a ballistic-missile barrage and keep the region from descending into all-out war.

2d

$100 oil could be the October surprise no one wanted

At just $70 a barrel, US oil prices remain much closer to their 2024 lows than their highs last fall of nearly $90. The ...

1d

Oil settles up, biggest weekly gains in over a year on Middle East war risk

Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide ...

17hon MSN

52-year-old worked 90-hour weeks in an oil refinery to save money for his business—now he's worth $9.5 billion

He's reportedly the country's 107th-richest person, with an estimated net worth of $9.5 billion, largely driven by his ...

2don MSN

Oil prices could surge 161% if Middle East conflict wipes out Iran's energy infrastructure, commodity chief says

If Iran's oil installations are taken offline, oil prices could surge over $200 per barrel, SEB's Bjarne Schieldrop said.

Scientific American23h

Challenging Big Oil’s Big Lie about Plastic Recycling

This legal action sets a precedent for other state attorneys general to follow. As the litigation piles up on big oil for ...

1don MSN

Satellite imagery shows Iranian oil tankers at country’s major terminal disappearing amid fears of Israeli counterattack

Fifteen miles off Iran's northwestern coast, the Kharg Island terminal handles more than 90% of the country's crude exports.

1don MSN

What's next for oil and gas prices as Middle East tensions heat up?

Oil prices rose than $6 per barrel (5.47 euros) this week and prices at the pump moved higher as well. The average price for ...

2don MSN

Oil Rise and Stronger U.S. Economy Causes Wall St Drift

Oil prices rise again as the world continues to wait to see how Israel will respond to Iran's missile attack on Tuesday.

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