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Oil Prices Rise Again
The economy is in an industrial recession and higher oil prices could spark a full downturn, Wall Street economist says
The US economy is already experiencing an industrial recession — and it could snowball into a full-fledged downturn if oil prices continue to surge, according to Piper Sandler economist Jake Oubina. Oubina,
Oil Prices Rise Again As Concerns About Middle East Conflict Escalate
Crude oil prices rose again Wednesday as traders priced in heightened concerns about violence in the Middle East. International benchmark Brent crude rose 2.7% to about $75.50 per barrel by midmorning,
Oil prices jump more than 3% as Middle East tensions escalate
Oil prices climbed more than 3% on Wednesday on rising concerns that Middle East tensions could escalate, potentially disrupting crude output from the region, following Iran's biggest ever military blow against Israel.
3h
Oil Prices Edge up on Middle East Tensions, US Crude Stocks Build Limits Gains
NEW YORK (Reuters) -Oil prices climbed on Wednesday on worries that the escalating conflict in the Middle East could threaten ...
5h
OPEC refutes WSJ article on Saudi saying oil prices could drop to $50
OPEC said in a statement on Wednesday that a Wall Street Journal article reporting that Saudi Arabia's oil minister had said ...
9h
Oil Prices Up After Iran Strikes Israel
Oil prices rose on Wednesday as investors reacted to escalating tensions in the Middle East following Iran's missile attack ...
8h
Why the Conflict Between Iran and Israel Has Raised Oil Prices Only Modestly
The fighting is increasing fears about oil supplies, but those worries are offset by greater global production and slowing ...
15h
Oil prices jump more than 2% as Middle East tensions escalate
Oil prices climbed more than 2% on Wednesday on rising concerns that Middle East tensions could escalate, potentially ...
7h
on MSN
Oil prices end at 2-week high as Israel weighs response to Iran missile attack
Oil futures extended gains Wednesday, rising more than 3% while investors awaited Israel’s response to a massive missile ...
1d
on MSN
Rising oil prices after Iran strike could increase US gas prices, experts say
The rise in oil prices comes at a relatively quiet period in the U.S. gasoline market. Drivers have enjoyed a sharp decline ...
7h
Oil prices extend gains as Israel promises retaliation after Iran's strike
Oil rose further on Wednesday amid speculation that Iranian oil facilities could be the target of an Israeli retaliation ...
10h
Higher Oil Prices Are Good News for Exxon, Chevon, Occidental
Higher oil prices might be bad for consumers who have to spend more on gasoline, but they’re Giving oil companies a boost.
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Middle East
Iran
Israel
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