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- Wall Street tumbles after oil prices hit $130 per barrel - PBS
A barrel of U S crude oil was trading at $120 74 per barrel, up 4 1 percent, after earlier touching $130 50 Brent crude, the international standard, was up 5 9 percent at $125 10 per barrel
- JP Morgan: Oil Could Hit $130—But We’re Still Calling $60
In a note published Thursday, the bank said it sees oil averaging $60 in 2026, but flagged $120–$130 per barrel as a potential range in the event of worst-case outcomes—namely, military
- Oil prices surge 5% after US strikes on Iran with Strait of . . .
Brent crude , the hover around $77 per barrel Oil prices had already posted weekly gains on Friday the Strait of Hormuz could push oil prices to $120–$130 per barrel If crude climbs
- Crude oil prices could spike to $120, warns J. P. Morgan . . .
Following Israel's military operation on Iranian nuclear sites, J P Morgan warns oil prices could surge to $120 a barrel if Middle East tensions escalate Brent crude futures already jumped nearly 9%, and the bank estimates a 7% chance of a worst-case scenario involving Iranian oil supply disruptions The situation complicates monetary policy amid stalled nuclear talks
- Oil Prices Could Soar to $130 Amid Escalating Middle East . . .
The unbacked Israeli air assault on Iran led to a significant spike in crude oil futures, with prices jumping by as much as 13% West Texas Intermediate (WTI), the U S benchmark, saw a 9 66% increase, reaching $74 64 per barrel, while Brent crude, the international benchmark, surged by 9 27% to $75 79 per barrel
- Oil could hit $120 per barrel if Israel-Iran conflict . . .
Oil prices could surge to $120 per barrel if the Israel-Iran conflict disrupts supply through the Strait of Hormuz, where almost a third of global seaborne oil trade flows daily
- Oil hits 14-year highs and closes in on $130 per barrel amid . . .
Oil prices soared to $130 per barrel earlier this morning – its highest level since 2008 – amid fears of tightening supplues, with the US and Europe weighing up a Russian oil import ban Brent
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