oil – Page 40 – Freedom 96.9

US to auction oil and gas drilling rights in Alaska’s Cook Inlet

Wednesday, March 4 by SRN News

March 4 (Reuters) - The Trump administration on Wednesday will offer more than 1 million acres (404,686 hectares) in Alaska's Cook Inlet to oil and gas drillers, a key test of industry appetite for investment in the region. The sale is the first of six... Read More.

Morning Bid: Stocks dump more on oil shock fears

Wednesday, March 4 by SRN News

A look at the day ahead in European and global markets from Tom Westbrook and Wayne Cole Markets' wartime selloff extended in Asia, with South Korea bearing the brunt of a flight from risk in the face of a potentially prolonged oil shock. [MKTS/GLOB] By mid-session... Read More.

Iran war disrupts global ocean freight and air cargo supply chains beyond oil

Wednesday, March 4 by SRN News

NEW YORK (AP) - The Iran war has effectively halted oil tanker movement in the key Strait of Hormuz. But it's also disrupting the wider global supply chain beyond oil, affecting everything from pharmaceuticals from India, semiconductors from Asia and oil-derived products like fertilizers... Read More.

Asian shares extend losses, Kospi sinks 10%, as the war with Iran widens and oil surges higher

Wednesday, March 4 by SRN News

BANGKOK (AP) - Asian shares tumbled Wednesday, with South Korea's benchmark plunging as much as 11%, while oil prices climbed even higher. Worries over the widening war with Iran have hammered most world markets. Higher oil prices and how much they might worsen inflation... Read More.

Oil rises over $1 as Iran crisis disrupts Middle East supply

Wednesday, March 4 by SRN News

By Arathy Somasekhar March 4 (Reuters) - Oil prices rose more than $1 on Wednesday as the U.S.-Israeli war on Iran disrupted Middle East output and halted exports from the region. Brent rose $1.11, or 1.4%, to $82.53 a barrel, after closing at its highest since... Read More.

Investors, US crude producers scramble to lock in oil price spike

Wednesday, March 4 by SRN News

By Georgina McCartney HOUSTON, March 3 (Reuters) - Investors rushed to lock in a spike in oil prices this week, resulting in a record volume of energy futures and options contracts changing hands on Monday, the first trading day after Israel and the U.S. bombed... Read More.

Oil shock could strain emerging markets beyond inflation, analysts say

Tuesday, March 3 by SRN News

By Kanchana Chakravarty and Rashika Singh March 3 (Reuters) - The war in Iran and the resulting surge in energy prices will impact emerging markets well beyond inflation to broader pressures on external balances, currencies and capital flows, analysts warn. Brokerages, including J.P.Morgan and Bernstein,... Read More.

Iran-fuelled oil price rally not enough to balance Russia’s budget

Tuesday, March 3 by SRN News

MOSCOW, March 3 (Reuters) - Global oil prices have rallied in the wake of U.S. and Israeli strikes against Iran to their highest since July 2024, but the rise still falls short of what is needed to balance the Russian budget, according to Reuters... Read More.

Global energy costs soar as Iran crisis disrupts shipping, oil and gas production

Tuesday, March 3 by SRN News

By Yousef Saba and Ahmed Elimam LONDON, March 3 (Reuters) - Global oil and gas prices jumped on Tuesday as the U.S.-Israeli war on Iran halted energy exports from the Middle East, with Tehran attacking ships and energy facilities, closing navigation in the Gulf and... Read More.

Global oil and gas shipping costs surge as Iran vows to close Strait of Hormuz

Tuesday, March 3 by SRN News

By Florence Tan and Emily Chow SINGAPORE, March 3 (Reuters) - Supertanker costs in the Middle East have hit all-time highs, according to shipping data and industry sources on Tuesday, as the U.S.-Iran conflict intensifies with Tehran attacking ships passing through the Strait of Hormuz.... Read More.

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Stories tagged with: oil

US to auction oil and gas drilling rights in Alaska’s Cook Inlet

Morning Bid: Stocks dump more on oil shock fears

Iran war disrupts global ocean freight and air cargo supply chains beyond oil

Asian shares extend losses, Kospi sinks 10%, as the war with Iran widens and oil surges higher

Oil rises over $1 as Iran crisis disrupts Middle East supply

Investors, US crude producers scramble to lock in oil price spike

Oil shock could strain emerging markets beyond inflation, analysts say

Iran-fuelled oil price rally not enough to balance Russia’s budget

Global energy costs soar as Iran crisis disrupts shipping, oil and gas production

Global oil and gas shipping costs surge as Iran vows to close Strait of Hormuz

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