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.
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.