Crude oil passes $100 per barrel as Iran war widens
After its largest increase since the early 1980s over the last week, futures trading on crude oil on Sunday surpassed $100 per barrel.
Marketplace
Oil passed $100 a barrel, with prices expected to keep rising
Oil prices go up faster than they come down, especially since the war has damaged oil infrastructure in the Middle East.
CNA
Trump defends Iran war decision as oil soars above US$100
US President Donald Trump dismissed the war-related spike in oil prices as a "small price to pay" for removing the threat of Iran's nuclear threat.
Why high oil prices are good for oil companies — until they aren't
Yes, higher crude oil prices mean a multibillion-dollar cash infusion to the oil industry. But volatility is bad for business, and sustained high prices come with very serious drawbacks.
BPCL, HPCL, IOC: OMC shares tank up to 6% after crude oil rises over 7%
BPCL, HPCL, and IOCL shares drop up to 6% as crude oil surges above $100 amid West Asia tensions, raising concerns over under-recoveries and margin pressure.
U.S. oil producers could get $63 billion boost from high crude prices, analysis shows
Domestic energy companies could benefit from high oil prices in the short-term, but take a hit if the Iran war drags on.
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Crude oil price explosion — $200 a barrel in sight
Amid the escalating US Iran War, a critical situation has arisen for the oil market as the global crude oil prices continued to surge and stayed above the $100 per barrel mark, even after a slight fall. The worst is yet to come as the Macquarie Group has ...
Crude oil prices surpass US$100 a barrel as Iran war impedes production, shipping
Oil prices have eclipsed US$100 per barrel for the first time in more than three and a half years as the Iran war hinders production and shipping in the Middle East.