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Oil prices jump again on worries about Middle East

The Associated Press on MSN · 12h

What's next for oil and gas prices as Middle East tensions heat up?

Oil prices rose than $6 per barrel (5.47 euros) this week and prices at the pump moved higher as well. The average price for a gallon of gas rose 5 cents from last week. Any major escalation of tensions in the Middle East conjures up memories of the oil embargo that followed the start of the Yom Kippur war in 1973, which quadrupled oil prices.

Investopedia · 1d

Oil Prices Keep Rising As Middle East Concerns Grow

Growing concerns of a retaliation by Israel affecting Iran's oil production pushed crude oil futures more than 5% higher Thursday, powering gains for oil-related stocks.

Reuters on MSN · 1d

Oil prices little changed as Middle East conflict, ample supply outlook weigh

Oil prices were little changed on Friday, but remained on track for strong weekly gains, as investors weighed the prospect of a wider Middle East conflict disrupting crude flows against an amply supplied global market.

1don MSN

Oil prices could surge 161% if Middle East conflict wipes out Iran's energy infrastructure, commodity chief says

If Iran's oil installations are taken offline, oil prices could surge over $200 per barrel, SEB's Bjarne Schieldrop said.

scrippsnews on MSN10h

Oil prices jump on discussion of Israeli strike on Iranian facilities

There is growing anxiety about the impact of a widening war in the Middle East on oil prices. Brent Crude jumped to more than ...

2d

Oil Rises as Middle East Conflict Deepens, Gains Capped by Global Supply Outlook

Brent crude futures increased 64 cents, or 0.87%, to $74.54 a barrel as of 0006 GMT. U.S. West Texas Intermediate crude ...

1d

Stocks edge lower as Middle East conflict pushes oil higher

Global stocks fell on Thursday, weighed by tepid trading in equity markets across the U.S. and other major regions, while oil ...

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