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6 hours ago · Oil prices surged by over 4% on Tuesday, driven by escalating tensions in the Middle East as Israeli forces moved into Lebanon and Iran launched missile attacks on Israel. Brent crude, the international benchmark, rose to around $75 per barrel, reflecting concerns that the conflict could disrupt oil supplies in…
1 hour ago · Brent crude climbed $1.10 to $74.66 per barrel. On Tuesday, oil-and-gas producers logged some of the market’s biggest gains. ConocoPhillips rose 3.9%, and Exxon Mobil climbed 2.3%.
1 day ago · Oil surged after Iran fired rockets at Israel, potentially increasing the chance of supply disruptions in a region that pumps a third of the world's crude.
1 hour ago · Early Wednesday, U.S. crude was up $1.15 at $70.98 per barrel. Brent crude climbed $1.10 to $74.66 per barrel. On Tuesday, oil-and-gas producers logged some of the market’s biggest gains.
2 hours ago · THE ANSWER. Yes, the United States produced more oil and natural gas in 2023 than in any year prior. In 2023, the U.S. produced 12.935 million barrels of crude oil per day, according to the...
6 hours ago · ≈ 1 bboe (barrel of oil equivalent) [144] 10 10 1.9×10 10 J: Kinetic energy of an Airbus A380 at cruising speed (560 tonnes at 511 knots or 263 m/s) 4.2×10 10 J: ≈ 1 toe (ton of oil equivalent) [144] 4.6×10 10 J: Yield energy of a Massive Ordnance Air Blast bomb, the second most powerful non-nuclear weapon ever designed [145] [146] 7.3× ...
1 hour ago · Asian shares were mixed on Wednesday, with Tokyo’s benchmark falling while Hong Kong’s advanced despite the sharp escalation of tensions in the Middle East. Oil prices extended gains after Iran fired dozens of missiles into Israel, potentially raising the risk of disruptions to supplies.
