Oil prices rise to 6-week high after Iran and U.S. trade blows, Saudi Aramco facilities reportedly hit

Brent and WTI crude oil prices rose to a six-week high on Monday. Saudi Aramco oil facilities were reportedly struck in fresh attacks.

CNBC • 12 hours ago

Oil extends gains as renewed Mideast hostilities raise worries of prolonged conflict

The tit-for-tat strikes over the weekend that have sent oil higher also pushed up gas prices. Goldman Sachs raised its forecasts for Brent and WTI prices by $5 to $85 and $80 per barrel, respectively for Dec. 2026.

CNBC • 2 hours ago

Oil rises as risks of prolonged Mideast conflict heighten supply worries

Oil prices extended ‌gains on Tuesday as risks of a prolonged conflict in the Middle East grew after Iran threatened to retaliate against any new U.S. attacks on its assets, heightening worries over supply disruption.

Reuters • 2 hours ago

Explainer: Why isn't oil above $100 despite supply disruptions?

Global oil benchmark Brent crude has rallied this month but stayed below $100 a barrel despite recent escalation in the U.S.-Iran conflict that has disrupted Gulf exports from the Strait of Hormuz and the Red Sea.

Reuters • an hour ago

Oil prices hit six-week high amid US-Iran conflict — but drivers could soon get relief at the pump

“There actually is a little bit of good news on the horizon for most of the country,” an oil industry expert told The Post.

New York Post • 6 hours ago

Oil prices hit near seven-week highs, before edging lower, as Iran plans to increase control of Hormuz

The West Texas Intermediate and Brent crude contracts for October and November delivery, respectively, are steady after rising earlier in the session.

Market Watch • 18 hours ago

Goldman sees $120/bbl oil risk if attacks on Middle East vessels intensify, Bloomberg reports

Goldman Sachs said oil prices may rally to as much ​as $120 a barrel if attacks ‌on shipping in the Middle East rise and it recommended bets on natural ​gas and diesel as a ​way to capture gains, Bloomberg ⁠News reported on Sunday.

Reuters • 21 hours ago

Argus warns oil could surge past $100 with Strait of Hormuz tensions escalating

David Fyfe, Chief Economist at Argus Media discusses the escalating oil supply risks in the Strait of Hormuz, warning that dwindling global inventories and localized shipping bottlenecks could push oil futures back into triple digits.

CNBC International TV • 20 hours ago

Natural Gas and Oil Forecast: Gulf Shipping Risks Support WTI as Brent Tests $97

Gulf shipping risks support crude as WTI tests $92.67, Brent challenges $97 and natural gas holds above key breakout support.

FXEmpire • 20 hours ago

Crude Oil Forecast: WTI, Brent Bulls Target Key Breakouts

WTI and Brent remain supported as Persian Gulf tensions and bullish ascending triangle patterns keep buyers interested in pullbacks. Brent faces a significant test around $100, where previous resistance and a late-May gap could challenge further upside.

FXEmpire • 13 hours ago