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News

@Rigzone
rigzone.com > news > oil_closes_at_highest_level_in_4_months-10-sep-2026-184581-article

Oil Closes at Highest Level in 4 Months

3+ day, 6+ hour ago   (656+ words) The Brent oil price closed at $101.21 per barrel on Wednesday - its highest settlement since May. Although oil closed slightly over $100 per barrel ($100.69) on July 23, the last time it closed higher than yesterday’s price was on May 22, when it settled at…...

@Rigzone
rigzone.com > news > hsbc_analysts_significantly_raise_oil_price_forecasts-09-sep-2026-184572-article

HSBC Analysts Significantly Raise Oil Price Forecasts

4+ day, 4+ hour ago   (999+ words) In an oil market note sent to Rigzone by the HSBC team on Tuesday, analysts at the company, including HSBC Senior Global Oil and Gas Analyst Kim Fustier, revealed that they had raised their 2026 oil price forecast by $10 per barrel…...

@Rigzone
rigzone.com > news > oil_prices_hit_3month_highs-08-sep-2026-184562-article

Oil Prices Hit 3-Month Highs

5+ day, 4+ hour ago   (1134+ words) Oil prices rose for another session on Tuesday, reaching three-month highs as escalating tensions across the Gulf renewed concerns over regional energy flows. That’s what Paolo Broccardo, CEO at BankPro, said in a market analysis sent to Rigzone on Tuesday,…...

Google News
rigzone.com > news > wire > goldman_flags_risk_of_120_oil-07-sep-2026-184553-article

Goldman Flags Risk of $120 Oil

5+ day, 20+ hour ago   (283+ words) Oil may rally to as much as $120 a barrel if attacks on shipping in the Middle East increase, according to Goldman Sachs Group Inc., which recommended bets on natural gas and diesel as a way to capture gains. “Events over…...

@Rigzone
rigzone.com > news > wire > oil_holds_gains-04-sep-2026-184547-article

Oil Holds Gains

1+ week, 1+ day ago   (361+ words) Rigzone Oil swung in thin holiday trading as renewed fighting between the US and Iran heightened supply concerns, while rare signs of progress toward ending the Russia-Ukraine war chipped away at the geopolitical risk premium West Texas Intermediate edged up…...

Google News
rigzone.com > news > wire > oil_holds_above_90_as_fighting_flares-02-sep-2026-184524-article

Oil Holds Above $90 as Fighting Flares

1+ week, 3+ day ago   (300+ words) Rigzone Oil steadied near the highest closing level in five weeks as fighting again raged between the US and Iran, renewing the threat to energy exports from the Middle East West Texas Intermediate edged up marginally to settle above $90 a…...

@Rigzone
rigzone.com > news > wire > oil_surges_5_on_renewed_tensions-01-sep-2026-184511-article

Oil Surges 5% on Renewed Tensions

1+ week, 4+ day ago   (341+ words) Rigzone US oil prices topped $90 a barrel for the first time since late July as fresh American strikes on Iran raised concerns about prolonged disruptions to energy flows through the Strait of Hormuz West Texas Intermediate rose 5.2% on the renewed…...

@Rigzone
rigzone.com > news > wire > oil_rallies_on_fresh_usiran_fighting-31-aug-2026-184500-article

Oil Rallies on Fresh US-Iran Fighting

1+ week, 5+ day ago   (330+ words) Rigzone Oil rose the most in three weeks as tensions spiked in the Middle East, with the US and Iran exchanging strikes for the first time in about a month and fighting appearing poised to continue West Texas Intermediate futures…...

@Rigzone
rigzone.com > news > oil_price_supported_by_renewed_geopolitical_risk-31-aug-2026-184492-article

Oil Price Supported by Renewed Geopolitical Risk

1+ week, 6+ day ago   (917+ words) In a market analysis sent to Rigzone on Monday, Naeem Aslam, CIO at Zaye Capital Markets, noted that Brent and WTI oil prices were being supported by renewed geopolitical risk around the Strait of Hormuz. “The immediate bullish force is…...

@Rigzone
rigzone.com > news > why_oils_war_premium_is_unwinding_again-26-aug-2026-184462-article

Why Oil's War Premium Is Unwinding Again

2+ week, 4+ day ago   (1635+ words) Hansen highlighted in this analysis that oil prices had fallen “sharply” this week “as the market increasingly senses that both Washington and Tehran are looking for an exit ramp from a conflict that has inflicted a heavy economic cost on…...