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price of oil

European, US stocks back in sell-off mode as oil prices surge

European, US stocks back in sell-off mode as oil prices surge

Oil prices pushed higher while US and European stocks dropped on Thursday as investors tracked developments on the sixth day of the Middle East war. An equity market rebound petered out after Asian markets closed, with European exchanges shedding around 1.5 percent and Wall Street's main indices

US, European stocks rise as oil prices steady; Asian indexes tumble

US, European stocks rise as oil prices steady; Asian indexes tumble

US and European stock markets advanced Wednesday as oil prices steadied, after Asian bourses suffered deep losses amid inflation worries sparked by the US-Iran war. Markets have been roiled much of the week as the conflict between the United States and Iran effectively closed shipping through the Strait of

Will US oil companies be the big winners from the Iran war?

Will US oil companies be the big winners from the Iran war?

Energy prices have surged dramatically since the United States and Israel launched their attack on Iran Saturday, and that will almost certainly translate into bigger profits. But the question remains whether the new war in the Middle East also leads to increased oilfield investment. - What does the Middle East war

US stocks cut losses after Trump announces steps to safeguard Hormuz Strait

US stocks cut losses after Trump announces steps to safeguard Hormuz Strait

US equities joined a global equity rout Tuesday due to surging oil prices, but cut their losses after President Donald Trump announced steps to safeguard commerce in the Strait of Hormuz. The waterway, which accounts for the transport of about one-fifth of global crude supplies, has been mostly devoid

Iran war threatens Trump fight with inflation

Iran war threatens Trump fight with inflation

US-Israeli strikes in Iran, and Tehran's retaliation, are set to trigger a surge in US gas prices with a potential knock-on inflationary hit that could pile pressure on President Donald Trump domestically as midterm elections approach. Economists warn that costs at the gas pump -- a politically

Energy infrastructure emerges as war target, lifting prices

Energy infrastructure emerges as war target, lifting prices

Energy prices surged Monday as the war in the Middle East led to outages of key energy production operations and a critical waterway was essentially emptied of traffic. European natural gas prices finished the day up more than 39 percent after surging more than 50 percent earlier in the day.

Oil, gas prices jump as Iran war disrupts Middle East output

(The Center Square) – U.S. and global oil and gas prices surged higher Monday as concerns grew that attacks by Israel and the U.S. on Iran could spiral into a broader war and disrupt global energy supplies. The U.S. and Israel launched strikes on Iran on Saturday that