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Oil at $100 a barrel? U.S. role in Iran-Israel fight fuels market jitters

CNBC: Energy

role in Iran-Israel fight fuels market jitters Published Sun, Jun 22 2025 10:35 PM EDT Updated 2 Hours Ago Lee Ying Shan @in/ying-shan-lee @LeeYingshan WATCH LIVE Key Points Oil markets are entering a new phase of uncertainty after the U.S. Oil futures were up over 2% as of early Asia hours. WTI crude rose more than 2% to $75.22

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Saudi Aramco posts revenue drop ahead of projected demand hike in second half

CNBC: Energy

Aramco posted a year-on-year drop in revenues amid lower crude prices in the second quarter. Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World Petroleum Congress at the Big 4 Building at Stampede Park, on September 18, 2023, in Calgary, Canada.

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Wink to Webster: The 1.5M bpd Superhighway Out of the Permian

Oil Gas Leads

The Wink to Webster Pipeline , operated by ExxonMobil , is one of the most critical crude oil transportation systems in North America, linking the prolific Permian Basin to key Gulf Coast refining and export hubs. Spanning over 640 miles with a 1.5 Spanning over 640 miles with a 1.5 midstream infrastructure.

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Tankers showing caution around Strait of Hormuz after U.S. attack on Iran nuclear sites

CNBC: Energy

Morteza Nikoubazl | Nurphoto | Getty Images "Some tanker owners may feel that China, who buys 90% of Iranian crude oil along with significant quantities of oil from the Middle East, is pressuring Iran not to disrupt shipping," Lipow added. In 2023, oil flows through the waterway averaged 20.9

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Oil spike on Israel-Iran conflict should ease, according to energy analysts. Here's why

CNBC: Energy

Here's why Published Fri, Jun 13 2025 11:06 AM EDT Spencer Kimball @spencekimball WATCH LIVE The sudden spike in oil prices in response to Israel's attack against Iran should be short lived unless physical supplies are actually disrupted in the Middle East, energy analysts say. per barrel at 9:43 a.m. per barrel.

Oil
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Oil prices jump more than 2% after U.S. strikes on Iran raise fears of supply disruption

CNBC: Energy

million barrels per day in May, according to an OPEC report citing independent estimates. Shipments for broader Middle East supply could be imperiled if Iran or its regional proxies take steps to block the key Strait of Hormuz. crude oil on Sunday evening rose $1.76, or 2.38%, to $75.60 per barrel. It exported 1.84

Oil
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Oil prices rise more than 4% on escalating U.S.-Iran tensions

CNBC: Energy

Majid Asgaripour | Via Reuters Crude oil futures rose more than 4% on Wednesday as tensions escalated between the U.S. Brent crude futures rose $2.90, or 4.3%, to close at $69.77 West Texas Intermediate crude gained $3.17, or 4.9%, to settle at $68.15.

Oil