Crude-oil prices hit highest levels since October as Middle East tensions rise

Gas prices in LA rise for 3rd week in a row; prices are at highest level since November

PAIN AT THE PUMP: For 21 days in a row, the average price of a gallon of regular in L.A. County has gone up. Prices are the highest they've been since the beginning of November.

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From ABC7 Los Angeles
2024-04-09T00:11:00.000Z

Middle East conflict risks sharp rise in oil prices, says IMF

In the UK, anxiety over the crisis after Iran’s missile strike on Israel drives down UK shares An escalating Middle East conflict risks leading to higher oil prices, a reversal of the recent fall in inflation and a puncturing of the optimistic mood in financial markets, the International Monetary Fund has warned.The Washington-based IMF said it was closely monitoring events in the region after Iran’s missile strike on Israel at the weekend and stressed the possibility that a war between the two...

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From The Guardian
2024-04-16T18:08:37.000Z

IEA downgrades oil demand growth forecast as prices heat up on elevated Middle East tensions

It comes as oil prices rebound on elevated Middle East tensions, with market participants monitoring the prospect of supply disruptions from the region.

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From CNBC
2024-04-12T08:04:53.000Z

Crude-oil prices hit highest levels since October as Middle East tensions rise
Marketwatch - 2024-04-04T10:33:00.000Z

In related news

Gas prices in LA rise for 3rd week in a row; prices are at highest level since November

Middle East conflict risks sharp rise in oil prices, says IMF

IEA downgrades oil demand growth forecast as prices heat up on elevated Middle East tensions