Oil market braces for price surge after U.S. attacks on Iranian nuclear facilities. Analysts predict disruptions to Middle Eastern oil infrastructure.
Saudi Aramco CEO Amin Nasser opens up about Aramco's multi-billion dollar investments in artificial intelligence, the future of global energy, and how the world's most valuable oil company is adapting in a rapidly changing world as the Kingdom charges ahead with Saudi Vision 2030. Bloomberg's Joumanna Bercetche sits down exclusively with Nasser at the company's headquarters in Dhahran, Saudi Arabia on Wall Street Week.
Paul Sankey, Sankey Research, joins 'Fast Money' to talk the impact of rising tensions in the Middle East and the impact on the energy sector.
Stock indexes and Treasury yields end the week little changed.
Israel has refrained from directly targeting Iranian oil-export facilities. It's a calculated strategy, Skip York writes in a guest commentary.
The United States has once again found itself as a headline maker in the energy sector as the global geopolitical outlook brings industry-wide uncertainty.
The crude oil markets initially rallied again on Friday but gave back some of the gains as we continue to see this asset bounce around based on the latest headlines, and of course rumors.
Oil prices hold steady with OPEC supply risks and Iran tensions priced in, while Trump's delay in action caps crude's bullish momentum.
President Donald Trump said Thursday that he would make his decision on striking Iran within the next two weeks.
Based on past conflicts that have rattled oil prices, oil is likely trading in the upper range of where it should be as the Israel-Iran crisis simmers, say analysts at Citigroup.
WTI was rising and Brent crude was falling. Stock futures for Exxon, Chevron, and Occidental were rising.
Iran is rapidly exporting oil, a sign of the unusual logistical steps that Tehran is undertaking as the US mulls joining Israel in bombing the Persian Gulf state. Satellite images of the oil storage sites at Kharg Island show that the reservoirs were only partly full on June 11, but were brimming with crude on June 18.