No Data
No Data
Oil Options Show Market Sees Further Gains on Middle East Risks
Saudi Minister Said to Warn of $50 Oil as OPEC Members Flout Production Curbs
Express News | Oil Is Trading Higher Following Iran's Tuesday Attack on Israel, Which Has Caused Supply Uncertainty
Oil Prices Pop as Reports Say Iran Preparing Missile Attack on Israel
Careful of soaring oil prices? Goldman Sachs warns: the oil market is completely unprepared for escalation in the Middle East conflict.
Goldman Sachs analyst Lindsay Matcham stated that further escalation of the conflict may have a significant impact on the market, especially if the conflict involves the potential closure of the Strait of Hormuz, which could likely lead to a surge in local oil prices; Goldman Sachs analyst Lina Thomas, in another report, highlighted four short-term positive drivers in the crude oil market - mentioning the Middle East trend.
U.S. Drilling Rigs Edge Lower for Sixth Time in Seven Weeks, Baker Hughes Says