Oil surges past $105 per barrel as Middle East conflict escalates

Rupee drops to over one-week low as oil bubbles on Middle East worries - Reuters

Rupee drops to over one-week low as oil bubbles on Middle East worries  Reuters

Oil, gas and borrowing costs surge as fears over Middle East escalate

The price of oil jumps to $105 a barrel amid signs the Iran war will not be resolved quickly.

Oil Hits $105 as Iran Shows No Signs of Backing Down

Brent crude oil prices top $105 a barrel as rising tensions in the Middle East heighten concerns about global supplies. US gasoline prices hit a record over the Labor Day weekend. Bloomberg's Michael McKee has the data. Mike Reid of RBC says this all puts the Fed in a tough spot. (Source: Bloomberg)

Oil Prices Surge as Fighting in Middle East Escalates

The cost of crude oil hit its highest levels in months, as investors worried about diminishing oil supplies after reports that the Iranian-backed Houthi militia had captured a port city in Yemen.

By Gregory Schmidt and Jenny Gross

Oil jumps to $105, pushing up chances of a US interest rate increase

Prices spiked as attacks on oil tankers escalated in the Middle East.

Global oil hits $105 per barrel and bond yields surge - CNN

Global oil hits $105 per barrel and bond yields surge  CNN

Brent beyond $100: Why oil prices are up again, worry for India

By Sukalp Sharma

Seoul shares end lower on inflation fears

Seoul shares ended lower Thursday as surging oil prices, driven by escalating tensions in the Middle East, fueled inflation concerns ahead of the release of key US inflation data. The Korean won rose against the US dollar. After choppy trading, the benchmark Korea Composite Stock Price Index (Kospi) fell 17.72 points, or 0.25 percent, to close at 7,033.92. Trade volume was moderate at 418.4 million shares worth 28.19 trillion won ($21 billion), with losers outnumbering gainers 443 to 416. Foreig

By The Korea Herald

Brent back above $100, but physical crude is flashing a bigger oil shock - Moneycontrol.com

Brent back above $100, but physical crude is flashing a bigger oil shock  Moneycontrol.com

(2nd LD) Seoul shares end lower on inflation fears

SEOUL, Sept. 10 (Yonhap) -- Seoul shares ended lower Thursday as surging oil pri...

By Choi Kyong-ae

Brent oil passes US$100 on Mideast flare-up, stoking inflation fears

Oil Hits $105 as Middle East Flareup Heightens Supply Worries

Brent oil spiked to $105 a barrel as rising tensions in the Middle East heightened concerns over global supplies.

By Alex Longley, Bingyan Wang, Sherry Su, Charles Gorrivan

Brent Tops $102 As Mideast Conflict Intensifies, HSBC Hikes Oil Forecast

Brent Tops $102 As Mideast Conflict Intensifies, HSBC Hikes Oil Forecast Brent crude futures traded above $102 a barrel Thursday morning after Iran threatened to intensify attacks, renewing concerns over tanker flows through the Hormuz maritime chokepoint. The supply risk extends well beyond crude to mounting shortages of refined products, particularly diesel, as the US diesel crack spread trades around $102 a barrel. President Trump's indication yesterday that the conflict ...

By Tyler Durden

Ryazan oil refinery shuts down after drone attack, Reuters reports

Following a drone attack on September 6, the Ryazan Oil Refinery, owned by Rosneft, ceased operations.

Brent crude surges past $100 as Middle East turmoil deepens

London: Brent crude futures closed above $100 a barrel — their highest settlement since late May — as Middle East tensions escalated and Iran and the...

By Times of Oman