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Oil rises
Oil prices mixed amid accusations of breaches to Israel-Hezbollah ceasefire
Oil prices were mixed on Friday following a potential renewal of supply risk as Israel and Hezbollah traded accusations of ceasefire violations, and as a delay to an OPEC+ meeting left investors awaiting a decision on its output policy.
Oil prices end mixed as attention turns to OPEC+ decision on crude production
U.S. and global benchmark crude prices settled mixed after a cease-fire between Israel and Iran-backed Hezbollah eliminated much of the remaining risk premium around a wider Middle Eastern conflict.
Oil rises as Israel-Hezbollah ceasefire violated, OPEC+ delays meeting
Oil prices rose nearly 1% Thursday after Israel reported ceasefire breaches with Hezbollah, reigniting Middle East tensions. Brent hit $72.90 a barrel, recovering recent losses. Meanwhile, OPEC+ postponed its meeting,
2h
on MSN
Goldman Sachs warns Trump's tariffs could drive oil prices higher for consumers in the near term
Goldman Sachs' Samantha Dart predicts brent crude could reach $78 a barrel amid tight inventory and limited alternatives.
4h
on MSN
Oil field owner sues California over law that would end its Los Angeles-area operations
The owner of an oil field in Los Angeles County is suing the state of California over a law that will require it to stop ...
17h
on MSN
Inglewood Oil Field owner sues California for ‘illegal’ terminating of operations
The law "represents an illegal attempt to coerce an individual company to stop operation of its legal business," oil field ...
3h
on MSN
Canada’s oil patch rattled by Trump's tariff plan
The proposed tariffs, if applied to oil and gas, could hammer Canada's economy and hike prices at the pump for Americans, ...
22h
Robust Fuel Markets Are Throwing a Lifeline to Gloomy Oil Bulls
With oil prices headed for a second annual decline and a widely expected surplus in 2025 fast approaching, bullish traders ...
1d
on MSN
Trump Treasury Nominee’s Oil Math Doesn’t Add Up
Boosting energy production is easier said than done, and the effect on the government deficit isn’t clear either.
1d
on MSN
Maine Sues Major Oil Companies Over ‘Ongoing Deception’ About Climate Change
The lawsuit is just the latest alleging a decades-long disinformation campaign about global warming and the companies' ...
U.S. News & World Report
1d
Oil Edges Lower After Jump in US Gasoline Stocks, OPEC+ Supply Decision in Focus
(Reuters) -
Oil
prices edged lower in Asian trading on Thursday, after a surprise jump in U.S. gasoline stocks ahead of the ...
Opinion
1d
Opinion
Trump’s Oil and Gas Math Fails to Add Up
The incoming administration’s "drill, baby, drill" demand will fall on deaf ears unless rising prices encourage more ...
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