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US benchmark West Texas

US benchmark West Texas latest

Could Oil prices hit $100 as Middle East regional war looms closer?
October 7th, 2024 - 05:35 GMT

Could Oil prices hit $100 as Middle East regional war looms closer?

ALBAWABA - Following a substantial increase in tensions in the Middle East, the price of crude oil skyrocketed by about 9 percent last week, marking the largest weekly rise since March 2023, according to Euro News. As markets anticipated a possible Israeli assault on Iran, West Texas Intermediate witnessed a spike of 9.09%, and U.S. crude oil saw an increase of nearly 3% on Monday. The price of Brent oil ...
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Yemen’s Houthi rebels said oil installations in Saudi Arabia remain among their targets (Twitter)
September 16th, 2019 - 10:39 GMT

Yemen: Houthis Threaten More Attacks on Saudi Oil Plants

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