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WTI, Brent rise as Israel braces for Iran attack

File photo of Israeli F-16 fighter jets performing during an air show over the beach in the Israeli coastal city of Tel Aviv on May 5, 2022.Jack Guez | Afp | Getty ImagesU.S. crude oil broke above $87 a barrel on Friday as...

IEA downgrades 2024 oil demand growth forecast as prices heat up

An oil pumpjack is shown near the Callon Petroleum vicinity on March 27, 2024 in Monahans, Texas. Brandon Bell | Getty ImagesThe International Energy Agency on Friday downgraded its forecast for 2024 oil demand growth, citing "exceptionally weak" OECD deliveries, a largely complete post-Covid-19...

WTI, Brent slip as focus shifts to inflation

The price of gas is displayed at a gas station on January 23, 2023 in Miami, Florida.Joe Raedle | Getty ImagesCrude oil futures fell on Thursday as worries about inflation overshadowed fears of a potential Iranian strike on Israel for the moment.The West...

Oil gains after Israel threatens Iran

Iranian people are standing in front of an anti-U.S. and anti-Israeli banner during a rally commemorating International Quds Day, also known as Jerusalem Day, and attending a funeral for members of the IRGC Quds Force who were killed in an Israeli air strike...

WTI lower after Israel sets Rafah offensive date

Israeli Defence Minister Yoav Gallant (L) visit the troops participating in Gaza Strip and made a situation assessment with the commanders in Rafah, Gaza on March 13, 2024.Ariel Hermoni | Anadolu | Getty ImagesCrude oil futures held steady Tuesday as Gaza ceasefire negotiations...

WTI, Brent fall as Israel reduces troops in Gaza

Iranians attend the funeral procession for seven Islamic Revolutionary Guard Corps members killed in a strike in Syria, which Iran blamed on Israel, in Tehran on April 5, 2024.Atta Kenare | Afp | Getty ImagesU.S. crude oil futures fell Monday after Israel reduced...