News

Energy giants Baker Hughes, Woodside shy away from making oil forecasts as Iran-Israel conflict escalates
"Never try and predict what the price of oil is going to be, because there's one sure thing: You're going to be wrong," says ...
Oil Options Attract Bulls in Heavy Trade as Mideast Risks Expand
A fresh wave of bullishness is washing through the oil-options market as the confrontation between Israel and Iran escalates, ...
Oil and gas important in times of conflict, Saudi Aramco CEO says
The importance of oil and gas can't be underestimated at times when conflicts occur, something that was currently being seen, ...
What history tells us about the impact of an oil price jolt
Oil prices rose as much as 12 per cent in the immediate aftermath of Israel’s attacks on Iran’s nuclear facilities. Over the ...
Palm Oil Jumps Above 4,000 Ringgit Mark to Track Soy Oil, Crude
Palm oil jumped above the 4,000 ringgit mark to track gains in soyoil, which surged on Washington’s proposal to allow ...
Stocks, dollar show resilience in Asia as oil gains
By Wayne Cole SYDNEY (Reuters) -Asian markets kept their nerve on Monday and oil prices climbed anew as the conflict between ...
Oil surge adds fresh uncertainty as divided Bank of England prepares to vote on rates
Central bank has struggled to convey clear sense of direction for monetary policy as key indicators fluctuate, economists ...
Oil Prices Could Climb Higher if Mideast Tensions Escalate
A sustained rise in the price of crude oil, which jumped sharply after Israel attacked Iran, could hurt consumers and ...
Oil-Price Surge Could Complicate U.S. Inflation Fight
A sustained surge in oil prices is likely to complicate the U.S. fight against inflation. A $10-a-barrel increase would boost ...
Rupee braces for more losses on oil risks; RBI likely to provide support
The Indian rupee is set to extend losses at Monday’s open, weighed by fears that the intensifying Israel-Iran conflict is ...