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  1. 2 days ago · The Oil Price That Matters Now Is $50 a Barrel, Not $100 The price of crude is more likely to decline than increase in the foreseeable future. October 2, 2024 at 5:05 AM EDT

  2. 1 day ago · Bloomberg News reported Wednesday that oil prices rose to a one-month high after Israel said it would retaliate against Iran after the nation fired a barrage of around 200 ballistic missiles, which increased potential risks to the supply of crude oil in the region. West Texas Intermediate (WTI) prices rose about two per cent to around US$71 per barrel late morning Wednesday.

  3. 4 hours ago · (Bloomberg) -- Oil and the dollar rose as tensions in the Middle East unnerved investors ahead of US jobs data due later Friday that will help identify the path ahead for interest rates. West Texas Intermediate crude extended gains early Friday after rising more than 5% Thursday to a one-month high, along with global benchmark Brent.

  4. 1 day ago · After weeks of stagnation, with crude prices at their lowest point in almost three years, Iran’s involvement in the conflict has rekindled fears that regional tensions could trigger Israeli strikes on Iranian oil facilities or provoke Tehran to attack Saudi oil fields or refineries, as happened in September 2019. The most alarming scenario would be the closure of the Strait of Hormuz, a ...

  5. 3 days ago · The U.S. benchmark, West Texas Intermediate crude, is currently expected at an average of $77.64 per barrel for 2024, down from the forecast of $78.82 a barrel in August.

  6. 2 days ago · New research from Rystad Energy shows that the average breakeven cost of a non-OPEC oil project grew to $47 per barrel of Brent crude, a 5% increase in the last year alone.

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  8. 1 day ago · WTI Oil live spot price, charts and Macro Data. Read the latest Energy forecasts, financials, market news.

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