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The Latest Breaking News from Oil

What does Israel-Hamas war mean for oil prices

The shock attack by Hamas and Israel’s response risk a wider destabilization of the region — and the global oil market is watching.

The Times of India

Oil prices rise amid fears Hamas attack on Israel could spark wider Middle East conflict

Brent crude rose more than 5% at one stage to $89 a barrel before edging back slightly to stand 3.3% higher

The Independent UK

Oil price leaps and airline shares fall after Hamas attack on Israel

Investors predict more instability in Middle East, as some flights to Tel Aviv are suspended

The Guardian - UK

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Stocks Set to Open Lower as Investors Await U.S. Inflation Data and FOMC Minutes, Oil Soars on Middle East Conflict

December S&P 500 futures (ESZ23) are down -0.59%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.68% this morning as the military conflict in the Middle East dampened risk appetite, while market participants looked ahead to the release of U.S. inflation data and the minutes of the Federal Reserve’s…

Barchart

Is the WTI Crude Oil Market Broken?

The case has been made the WTI crude oil market is broken. While global players continue to create chaos, the market's structure provides an interesting answer.

Barchart

Oil prices rise over fears about wider Middle East conflict

Brent crude rose more than 5% at one stage to 89 US dollars a barrel before edging back slightly to stand 3.3% higher.

The Independent UK

Israel-Hamas Conflict Raises Concerns For Global Oil Supply Chain

Tensions in the Middle East and Iran's role in the conflict put oil traders on high alert

Zenger

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Claudia Goldin wins Nobel economics prize; gas price surges as Israel halts production at Tamar field – as it happened

Rolling coverage of the latest economic and financial news, as oil rallies over 3% while shares in airlines fall as some flights to Tel Aviv are suspended

The Guardian - UK

'Safe and valuable' industry bids to allay gas fears

There is simply no reason NSW should go it alone and should ban offshore gas exploration and production, a key player has told MPs amid environmental worry.

AAP

Stock market today: Asian markets are mixed, oil prices jump and Israel moves to prop up the shekel

Oil prices have surged and share prices are mixed in Asia after the the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip

The Independent UK

Aust shares gain as Mideast war drives oil, gold higher

The energy sector has finished up 3.0 per cent as oil prices hit a one-week high following a surprise attack by Hamas on Israel over the weekend.

AAP

Stock market today: Markets steady in Asia after Israel declares war following Hamas attack in Gaza

Share prices have opened little changed after the the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip

The Independent UK

Budget Bites: Three one-pan recipes that minimise on washing up

There’ll be no arguments over who’s doing the washing up with these simple and delicious one pan dinners, says Hannah Twiggs

The Independent UK

🔴 Live: Death toll tops 800 in Israel, nears 700 in Gaza

The death toll from the conflict between Israel and Hamas rose to more than 1,400 on Monday, including more than 800 people killed in Israel and 687 in Gaza. Follow our liveblog for all the latest developments. All times are Paris time (GMT+2).

France 24

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Fortune

What Israel-Hamas war means for oil prices: 'There is definitely going to be a fear trade put in place'

“Iran remains a very big wild card,” said Helima Croft, chief commodities strategist at RBC Capital Markets.

Fortune

Israel-Hamas war: Business leaders weigh in on causes, ripple effects

“Why did Hamas invade Israel last night? Because the United States has consistently not kept its word," argued Bill Ackman.

StockNews.com

3 Big Reasons Why We Shorted Oil Stocks-How We Did It-And Why We Just Covered

Shorting overbought and overhyped oil and oil stocks (XLE) with a levered up but lower cost inverse oil stock ETF (ERY).

Newsroom.co.nz

Oil price set to surge as Middle East tensions explode

'We are watching to see if something breaks.' The concern expressed by Fidelity International applies not just to surging bond yields but to fuel prices and inflation, as the world watches and worries. Andrew Patterson reports.

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USA Today Sports Media Group

Titans vs. Colts inactives: Who’s in, who’s out for Week 5

The Titans' and Colts' lists of inactives ahead of their Week 5 game at Lucas Oil Stadium.

The Independent UK

Sycamore Gap tree detectives ‘hunting key clue which might crack case’

Forensic scientists believe the tree stump may hold vital evidence for the police investigation

The Guardian - AU

Mark McGowan phone call allegation puts fossil fuel influence in WA under spotlight

Former premier’s behaviour, if true, is ‘certainly improper’ and ‘ethically questionable’ and shows power of oil and gas interests, Carmen Lawrence says

The Hindu

Territorial Army recruits Chinese language interpreters

Territorial Army inducts Chinese language interpreters, plans to recruit cyber experts, convert regular units to TA battalions.

The Independent UK

White House official accuses GOP senator JD Vance of ‘shameful lies’ after he blamed Biden for Hamas attack

Top Republicans falsely accused Biden administration of funding Hamas after US reached deal with Iran to release frozen oil money in exchange for US prisoners

The Hindu

Homemakers showcase culinary skills at The Hindu ‘Our State Our Taste’ contest in Chidambaram

106 participants showcased culinary skills at 4th edition of 'Our State Our Taste' preliminary round in Chidambaram. Homemakers & youngsters presented dishes prepared at home, incl. one with Gold Winner cooking oil. Judges judged based on taste, texture, flavour & presentation. S. Raji, K. Usha & M. Selvi won &…

The Guardian - UK

‘I wasn’t the obvious choice’: meet the oil man tasked with saving the planet

When Cop28 starts next month, Sultan Al Jaber will be front and centre. He is the United Arab Emirates’ choice to head up the climate talks – and he also happens to be head of the national oil company. What’s the problem with that, he asks

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