News

Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites
A key concern for markets would center around the potential impact of the developments in the Middle East on oil prices and ...
JPMorgan lays out a worst-case scenario for Israel-Iran that could send oil prices spiking 75%
JPMorgan says there's about a one in five chance that disruptions to oil production in the Persian Gulf send prices spiraling ...
America’s economy faces a new war shock: Surging oil prices
The American economy faces the unwelcome prospect of reignited inflation after the United States launched strikes on three ...
What's the Chance that Oil Prices Top $100? And What Might Happen If They Did?
The U.S. attack on Iranian nuclear facilities Saturday night has raised the risk that oil prices surge into the triple digits ...
Oil prices are now the stock market's biggest driver
Wall Street strategists believe a big spike in oil prices could be the next major catalyst for equities if tensions continue to escalate in the Middle East.
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Gas prices spike across Minnesota, driven by rising oil costs
The average gallon of gas has risen by over 15 cents in the last week across Minnesota, driven by rising oil costs in the ...
South African rand weakens as spike in oil prices weighs
The South African rand weakened in early trade on Monday, pressured by the rise in crude oil prices and risk-off sentiment ...
Oil Could Spike to $90 If Strait of Hormuz Shut, Citigroup Says
Brent crude could jump to around $90 a barrel if the Strait of Hormuz is closed, according to Citigroup Inc., which added ...