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The Latest Breaking News from Oil

War in Israel, oil shocks, and roaring inflation, Deutsche Bank sees 'a striking number of parallels' with the 1970s

“The attacks on Israel showed how geopolitical risk can return unexpectedly,” Deutsche Bank’s Henry Allen wrote Monday.

Fortune

Crude Prices Soar on Instability in Middle East After Hamas Attacks Israel

November WTI crude oil (CLX23 ) on Monday closed up +3.59 (+4.34%), and Nov RBOB gasoline (RBX23 ) closed up +4.59 (+2.09%). Nov WTI crude oil and gasoline prices on Monday closed sharply higher. Renewed instability in the Middle East pushed crude prices sharply higher after Hamas militants attacked Israel...

Barchart

Sugar Rallies as Crude Prices Surge

March NY world sugar #11 (SBH24 ) on Monday closed +0.44 (+1.65%), and Dec London white sugar #5 (SWZ23 ) closed +11.90 (+1.68%). Sugar prices on Monday rallied to 2-week highs and closed moderately higher on a surge of more than +3% in crude oil prices. (CLX3 ) Strength in...

Barchart

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Nervous over fuel prices? You should be

Could this new Middle East conflict be the next trigger for $3 a litre diesel?

The Canberra Times

Exxon oil executive faces sexual assault charge in Texas

David Scott, 49, who manages Exxon’s shale oil and gas production dealings, was arrested last Thursday at a budget hotel

The Independent UK

3 Energy Stocks Set to Make Gains in October

With the backdrop of recent oil production cuts and geopolitical turmoil propelling oil prices and the concurrent surge in natural gas demand, it could be wise to invest in robust energy stocks Hess Midstream (HESM), PBF Energy (PBF), and Suburban Propane Partners (SPH), which appear primed for gains this month.…

StockNews.com

Stocks Mixed on Middle East Turmoil

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.01%. Stocks are mixed after the militant group Hamas attacked...

Barchart

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Middle East Tensions Ignite Crude Oil Rally Amid Gaza Rocket Attacks

WTI crude jumps 5.3% as Hamas launches rockets on Israel, raising concerns of potential supply disruptions.

Zenger

Green New Deal protesters disrupt Labour conference

Protestors from the Green New Deal Rising group called on Labour to say it would revoke the licence for the Rosebank oil field.

The Independent UK

Crude Prices Soar on Instability in the Middle East After Hamas Attacks Israel

November WTI crude oil (CLX23 ) this morning is up +3.29 (+3.97%), and Nov RBOB gasoline (RBX23 ) is up +5.27 (+2.40%). Nov WTI crude oil and gasoline prices this morning are sharply higher. Renewed instability in the Middle East has pushed crude prices sharply higher after Hamas militants attacked...

Barchart

Stocks Under Pressure from Middle East Turmoil

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.36%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.65%. Stocks this morning are moderately lower as geopolitical concerns...

Barchart

What does Israel-Hamas war mean for oil prices

The shock attack by Hamas and Israel’s response risk a wider destabilization of the region — and the global oil market is watching.

The Times of India

Oil prices rise amid fears Hamas attack on Israel could spark wider Middle East conflict

Brent crude rose more than 5% at one stage to $89 a barrel before edging back slightly to stand 3.3% higher

The Independent UK

Oil price leaps and airline shares fall after Hamas attack on Israel

Investors predict more instability in Middle East, as some flights to Tel Aviv are suspended

The Guardian - UK

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Barchart

Stocks Set to Open Lower as Investors Await U.S. Inflation Data and FOMC Minutes, Oil Soars on Middle East Conflict

December S&P 500 futures (ESZ23) are down -0.59%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.68% this morning as the military conflict in the Middle East dampened risk appetite, while market participants looked ahead to the release of U.S. inflation data and the minutes of the Federal Reserve’s…

Barchart

Is the WTI Crude Oil Market Broken?

The case has been made the WTI crude oil market is broken. While global players continue to create chaos, the market's structure provides an interesting answer.

The Independent UK

Oil prices rise over fears about wider Middle East conflict

Brent crude rose more than 5% at one stage to 89 US dollars a barrel before edging back slightly to stand 3.3% higher.

Zenger

Israel-Hamas Conflict Raises Concerns For Global Oil Supply Chain

Tensions in the Middle East and Iran's role in the conflict put oil traders on high alert

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The Guardian - UK

Claudia Goldin wins Nobel economics prize; gas price surges as Israel halts production at Tamar field – as it happened

Rolling coverage of the latest economic and financial news, as oil rallies over 3% while shares in airlines fall as some flights to Tel Aviv are suspended

AAP

'Safe and valuable' industry bids to allay gas fears

There is simply no reason NSW should go it alone and should ban offshore gas exploration and production, a key player has told MPs amid environmental worry.

The Independent UK

Stock market today: Asian markets are mixed, oil prices jump and Israel moves to prop up the shekel

Oil prices have surged and share prices are mixed in Asia after the the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip

AAP

Aust shares gain as Mideast war drives oil, gold higher

The energy sector has finished up 3.0 per cent as oil prices hit a one-week high following a surprise attack by Hamas on Israel over the weekend.

The Independent UK

Stock market today: Markets steady in Asia after Israel declares war following Hamas attack in Gaza

Share prices have opened little changed after the the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip

The Independent UK

Budget Bites: Three one-pan recipes that minimise on washing up

There’ll be no arguments over who’s doing the washing up with these simple and delicious one pan dinners, says Hannah Twiggs

France 24

🔴 Live: Death toll tops 800 in Israel, nears 700 in Gaza

The death toll from the conflict between Israel and Hamas rose to more than 1,400 on Monday, including more than 800 people killed in Israel and 687 in Gaza. Follow our liveblog for all the latest developments. All times are Paris time (GMT+2).

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