Breaking: 'More pain to come' as oil surges past $90 per barrel
Oil prices have surged past $90 per barrel, marking the largest weekly gain for US crude oil in history, driven by disruptions in Middle Eastern shipping.
Oil prices rise nearly 30% this week due to war in the Middle East
Oil prices surged nearly 30% this week to unprecedented levels as conflict in the Middle East disrupts hydrocarbon flows from the Persian Gulf.
WTI Oil Surpasses $92 a Barrel for the First Time Since 2022
WTI oil prices have surged past $92 a barrel for the first time since October 2022, driven by Middle Eastern conflict and tensions in the Strait of Hormuz.
Oil Caught Fire: It Surged to Over $88 – A 27% Increase in One Week
International oil prices have surged significantly, driven by escalating tensions in the Middle East, despite efforts by the US to reassure markets with exceptions for the resumption of Russian crude.
Iran's Attack on US Oil Tanker Raises Crude Prices: WTI Blend Up Nearly 6%
Crude oil prices surged nearly 6% following an Iranian attack on a US oil tanker amid escalating tensions in the Middle East.
Oil price 'soars' nearly 24 hours after the closure of the Strait of Hormuz: WTI jumps 8.69% TODAY
Texas Intermediate oil (WTI) surged by 8.69% to $77.42 per barrel following recent military actions by the US and Israel against Iran and Iran's subsequent threats to block oil shipments through the Strait of Hormuz.
Tensions in Iran Drive American WTI Oil Prices to Six-Month High
Tensions between the U.S. and Iran have caused American WTI oil prices to reach their highest level in six months due to increased fears of military intervention.
Oil Gains Amid Concerns over Possible Conflict Between the US and Iran
Oil prices rose due to increasing concerns about a potential military conflict between the US and Iran.
Oil heads for another weekly decline due to reduced risks related to Iran
Oil prices are poised for a second consecutive weekly decline as concerns about US-Iran conflict ease.
The US attack on Venezuela does not shake oil. The market remains cautious but Big Oil sees a deal
The unexpected US attack on Venezuela, involving the arrest of President Nicolas Maduro, has minimal impact on oil prices, with slight declines observed in WTI and Brent crude contracts.
The pandemic has returned to the oil market. The commodity is the cheapest in 5 years and will get cheaper
The article discusses the factors that contributed to the decrease in oil prices in 2025 and explores the critical role of American shale oil producers in future price trends, along with geopolitical events impacting the oil market and the forecasts for Brent and WTI prices in 2026.