Explore

Oil rises as investors weigh risk of Iran war escalation

Oil rises as investors weigh risk of Iran war escalation

By Siyi Liu and Sam Li SINGAPORE, Nov 5 (Reuters) - Brent crude futures rose on Thursday as investors weighed the risk of a further escalation of the US-Israeli war with Iran after the losses suffered by US President Donald Trump's Republican Party in congressional elections this week.

Oil rises over $2 as investors assess Iran war future

Oil rises over $2 as investors assess Iran war future

By Siddharth Cavale NEW YORK, Nov 5 (Reuters) - Oil prices rose more than $2 a barrel on Thursday, as investors reassessed the outlook for the US-Israeli war with Iran, while new attacks on tankers fed worries about oil supplies.

Oil falls for a fourth day on expectations for lower risk of Iran war escalation

Oil falls for a fourth day on expectations for lower risk of Iran war escalation

By Siyi Liu SINGAPORE, Nov 5 (Reuters) - Oil prices fell for a fourth day on Thursday on expectations the losses US President Donald Trump's Republican Party suffered in Congressional elections this week may reduce the risk of further escalation of the US-Israeli war on Iran.

Brent crude jumps, settles up over $3 after tanker attacks

Brent crude jumps, settles up over $3 after tanker attacks

By Siddharth Cavale NEW YORK, Nov 5 (Reuters) - Brent crude futures settled over $3 a barrel higher on Thursday as new attacks on tankers fed worries about oil supplies while investors reassessed the outlook for the US-Israeli war with Iran. Brent finished up $3.67, or 3.88% at $98.29 a barrel.

Oil jumps over $3 as investors assess Iran war future, tanker attacks

Oil jumps over $3 as investors assess Iran war future, tanker attacks

By Siddharth Cavale NEW YORK, Nov 5 (Reuters) - Brent futures rose more than $3 a barrel on Thursday, as investors reassessed the outlook for the US-Israeli war with Iran, while new attacks on tankers fed worries about oil supplies.

Brent oil price benchmark set for biggest weekly drop since 2020

Brent oil price benchmark set for biggest weekly drop since 2020

By Shadia Nasralla LONDON, Nov 6 (Reuters) - Oil prices were set for a sharp weekly fall after the election losses of US President Donald Trump's Republican Party raised hopes of a de-escalation in the US-Israeli war on Iran and a stock market sell-off, though attacks on vessels in the Middle East

Oil slumps after midterm election rebuke to Trump raises bets on Iran war exit

Oil slumps after midterm election rebuke to Trump raises bets on Iran war exit

By Arathy Somasekhar HOUSTON, Nov 4 (Reuters) - Oil prices fell more than 8% to settle at their lowest in more than two months on Wednesday after President Donald Trump's Republican Party lost control of Congress in midterm elections, as investors bet that the shift in power could hasten the end of

Oil set for sharp weekly drop after US midterms raise hopes of more Mideast crude exports

Oil set for sharp weekly drop after US midterms raise hopes of more Mideast crude exports

By Shadia Nasralla LONDON, Nov 6 (Reuters) - Oil prices were set for a sharp weekly fall after the midterm election losses of US President Donald Trump's Republican Party raised hopes of a de-escalation in the US-Israeli war on Iran, though attacks on vessels in the Middle East continue to provide a

Oil tumbles 9% as investors eye possible end to Iran war after US midterm elections

Oil tumbles 9% as investors eye possible end to Iran war after US midterm elections

By Arathy Somasekhar HOUSTON, Nov 4 (Reuters) - Oil prices fell 9% on Wednesday in volatile trading as investors awaited Washington's next move in the US-Israeli war with Iran after President Donald Trump's Republican Party lost control of Congress in midterm elections.

Oil rises on Iran war uncertainty after Trump's Republicans are routed in midterms

Oil rises on Iran war uncertainty after Trump's Republicans are routed in midterms

By Jeslyn Lerh SINGAPORE, Nov 4 (Reuters) - Oil prices rose on Wednesday in a volatile session as investors awaited Washington's next move in the US-Israeli war on Iran, after Democrats captured control of Congress from President Donald Trump's Republicans in the midterm elections.

Oil tumbles as investors weigh end to Iran war after US Democrats' midterm elections sweep

Oil tumbles as investors weigh end to Iran war after US Democrats' midterm elections sweep

By Arathy Somasekhar HOUSTON, Nov 4 (Reuters) - Oil prices tumbled more than $4 a barrel on Wednesday in volatile trading as investors awaited Washington's next move in the US-Israeli war with Iran after President Donald Trump's Republican Party lost control of Congress in midterm elections.

BoE hikes rate for first time in 3 years; retreating oil prices may allow for more options ahead

BoE hikes rate for first time in 3 years; retreating oil prices may allow for more options ahead

The Bank of England is raising interest rates for the first time in more than three years in an effort to tackle an inflation shock stoked by the Iran war