Morgan Stanley sees ‘hot summer’ ahead for energy sector, gives its favorite picks
The bank has upgraded the energy sector to "attractive" as oil demand forecasts have improved on better-than-expected growth in the major economies.
Oil prices bounce back as Israel reportedly preparing for Iran attack this weekend
Israel is preparing for a direct attack by Iran on southern or northern Israel as soon as Friday or Saturday, The Wall Street Journal reported.
Oil prices slip as inflation fears haunt the market
The Federal Reserve is now expected to start reducing interest rates in September, much later than originally forecast.
Oil prices break two-day losing streak after Israel threatens to strike Iran if attacked
Israel warned OPEC member Iran Wednesday it would attack the Islamic Republic if Tehran strikes Israel.
Oil steady as Israel-Hamas ceasefire negotiations stall, Netanyahu sets date for Rafah offensive
Israel Prime Minister Benjamin Netanyahu vowed late Monday to press on with an offensive against the southern city of Rafah.
Oil prices fall as market watches for Iran retaliation against Israel
A top Iranian military advisor warned Israel over the weekend that its embassies could be targeted.
Surging oil prices may challenge the Federal Reserve’s inflation fight
U.S. crude oil rallied 4.5% last week, briefly touching $87 a barrel Friday.
U.S. oil touches $87, on pace for weekly gain as Israel closes embassies over Iran threats
Israel has closed 28 embassies around the world due amid fears of retaliatory strikes from Iran, according to multiple reports in Israeli media.
U.S. crude oil hovers around $85 as traders take stock of rally
Oil prices have rallied this year, booking three consecutive months of gains with U.S. crude adding 19% while Brent is up about 16%.
The rally in oil cannot be ignored — here’s what it means for stock market investors
Stock market investors cannot have their heads in the sand on oil prices as the commodity reaches its highest levels since the fall.