Oil futures finished lower on Thursday, pressured as signs of soft demand outweighed support from a decision by the Organization of the Petroleum Exporting Countries and its allies to extend ...

Oil slipped in early Asian trade amid abating fears of supply disruptions spurred by President Trump’s comment that Israel and Iran agreed to a cease-fire.

Oil prices jumped. Brent crude futures rose 7%, to $74.23 a barrel. Stocks retreated. The S&P 500 dropped 1.1%, the Nasdaq Composite fell 1.3%, and the Dow industrials lost 1.8%, or 770 points.

Oil prices surged, stocks dropped and investors flocked to safe havens like gold on Friday after tensions between Israel and Iran escalated, stoking concerns of a broader conflict in the region.

Crude oil price volatility has triggered a sharp sell-off in oil-sensitive sectors. Shares of oil marketing companies (OMCs), aviation firms, and paint manufacturers witnessed significant declines ...

Hong Kong/New York (CNN) — Oil prices surged, stocks dropped and investors flocked to safe havens like gold on Friday after tensions between Israel and Iran escalated, stoking concerns of ...

US oil surged 7.26%, settling at roughly $72.98 per barrel Friday. Brent gained 7%, settling at around $74.23 per barrel. US oil and Brent had surged as much as 14% and 13%, respectively, earlier ...

Futures drop, oil surges after Israeli strikes on Iran - what’s moving markets. Author Scott Kanowsky. Economy. Published 06/13/2025, 03:48 AM.

RAC’s head of policy, Simon Williams, said drivers are finally seeing the benefits of a relatively stable oil market, with prices dropping back to where they were four years ago – helped along, of ...

US Energy Secretary Chris Wright said it’s “unlikely” the country’s oil production will drop next year, contrary to the expectations released this week by a government agency.

US Energy Secretary Chris Wright said it’s “unlikely” the country’s oil production will drop next year, contrary to the expectations released this week by a government agency.. Much will depend on oil ...