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Oil prices surged nearly 5% following attacks on Saudi Arabian energy infrastructure, knocking the East-West pipeline offline and disrupting Gulf shipping. Major integrated producers like Exxon Mobil…
TSX slipped from record highs as tech weakness offset energy/battery metals gains. Oil surged on Iran's threat to restrict vessels in Strait of Hormuz, while gold stayed flat.
Equinor's Q2 earnings surged due to Middle East supply disruptions, pushing oil prices higher and boosting trading profits. Results reflect geopolitical volatility, not sustainable base economics, bu…
Brent set for 8% weekly loss but holds near $90 amid Strait of Hormuz and Red Sea disruptions, Saudi-led shipping coalition, and Iran-Oman standoff, keeping supply risk premium elevated despite beari…
Oil prices retreated sharply Friday after a volatile week driven by Red Sea attacks, Houthi threats, and Black Sea disruptions. Despite the pullback, both Brent and WTI are set for their largest week…
Oil prices surge to two-month highs as Houthi attacks on Saudi tankers and Strait of Hormuz disruptions escalate. Goldman Sachs warns Brent could exceed $120 in Q4 amid persistent Middle East supply …