As Kanvea explained in her latest report, the geopolitical risk premium had surged to a level $10 above the fair value of $66 per barrel derived from JPMorgan Chase's model, indicating a 17% ...

Futures on Wall Street are currently in cautious mode as they await further details on the ongoing hostilities between Israel ...

Oil is likely to be supported by tensions in the Middle East, said Phillip Nova analyst Priyanka Sachdeva, noting that crude oil prices have surged over 18% in June.

Israel and Iran continue to fire a volley of missiles and drones at one another, targeting energy infrastructure as well as ...

The Israel-Iran conflict will not necessarily hurt the oil industry or price mechanisms of the commodity, said Prime Minister Anwar Ibrahim.

The Israel Defense Forces said the air force had launched strikes against missile sites in central Iran, as the Middle East ...

Crude oil prices have surged sharply in recent sessions as geopolitical tensions between Iran and Israel escalate ...

The Israel-Iran conflict will not necessarily hurt the oil industry or price mechanisms of the commodity, said Prime Minister ...

Asia markets are in positive territory this morning, with the Nikkei 225 up by 1% and the Hang Seng index 0.2% higher.

Both Iran and Israel have signaled that they are willing to keep striking each other. Israel’s defense minister even promised ...

Never try and predict what the price of oil is going to be, because there’s one sure thing: You’re going to be wrong,” says Baker Hughes CEO Lorenzo Simonelli.

“Escalating tensions between Israel and Iran drove oil prices higher last week,” said Mark Jenkins, spokesman for AAA – The ...