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Rigzone Industry News

151 - 160 of 742 results found

Oil Posts Weekly Gain as Middle East Tensions Rise

Date
Friday, February 09, 2024 - 1:22 PM
Description
Oil posted a weekly gain as prospects for a cease-fire in the Israel-Hamas war faded and Israel prepared to attack southern Gaza, increasing crude's geopolitical risk premium.

Oil Rallies Amid Cease Fire Uncertainty

Date
Thursday, February 08, 2024 - 1:52 PM
Description
Oil rallied as Israeli Prime Minister Benjamin Netanyahu's dismissal of a potential cease-fire in the Israel-Hamas war triggered algorithmic buying in markets.

Oil Swings Higher Amid Mixed Data Signals

Date
Wednesday, February 07, 2024 - 1:35 PM
Description
Oil edged higher in a choppy session as traders weighed a mixed US inventory report, with algorithms exacerbating price swings.

Oil Edges Up From Three Week Low

Date
Monday, February 05, 2024 - 2:09 PM
Description
Oil edged higher, rebounding from a three-week low, as traders weighed rising geopolitical risks against hawkish comments from Federal Reserve Chair Jerome Powell.