The oil price rally, which puts crude futures on track for gains of around 8% week-to-date, has surprised many market observers in that it appears to be somewhat subdued given what’s a... Read more

Asia-Pacific markets traded mixed on Friday. This follows after losses on Wall Street, with concerns over Middle East tensions keeping investors on edge. U.S. crude futures rose around 5% ov... Read more

Video footage shows the moment Yemen’s Houthi rebels launched an explosive-laden drone boat into a British oil tanker in the Red Sea. Footage released by the Houthi group shows a massive exp... Read more

Yemen’s Iran-backed Houthi rebels released footage on October 3 showing an uncrewed surface vessel, or drone boat, striking a ship they described as a “British” oil tanker, the Cordelia Moon... Read more

Updated Thu, Oct 3 20242:42 PM EDT ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Traders work on the floor of the New York Stock E... Read more

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: U.S. stoc... Read more

Oil prices keep pushing higher as tensions build in the Middle East, and the moves in crude appear to be weighing on the stock market. Overlaying the charts of the United States Oil Fund LP... Read more

U.S. crude oil has gained nearly 5% this week as traders fear Israel could retaliate against Iran by hitting crude infrastructure. OPEC+ spare oil capacity is keeping prices from running hig... Read more

Oil markets are being too complacent given the risk of major supply disruptions in the Middle East, analysts told CNBC on Thursday. Bjarne Schieldrop, chief commodities analyst at Swedish ba... Read more