Shelton believes that there is always a risk that oil prices could hit $100 per barrel. He tells Yahoo Finance, "We've seen a fair amount of buying of $100 strikes across the last couple of days.

Oil market weakness is driven by soft global demand and rising non-OPEC production. Stronger US dollar also contributed to ...

What is the current oil price today? WTI futures traded at $67.30 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 8.36%. Brent futures traded at $70.78/bbl, a drop of 0.84% in ...

U.S. crude, known as West Texas Intermediate, or WTI, is up 4.3% to $73.18 a barrel in recent trading. Trading in call options tied to the $1.4 billion U.S. Oil Fund surged to the highest level in ...

The price of oil has surged by more than 3pc today after mounting tensions in the Middle East pushed a barrel above $80 for ...

Read here for an update on the latest geopolitical tensions in the Middle East and how they are impacting oil prices and ...

Oil prices have surged amid escalating tensions in the Middle East, with traders hedging against a "worst-case scenario" that could see prices climb to $100 a barrel.

TOKYO -- Despite slowing demand, fears are mounting that oil prices will top $100 per barrel as tensions in the Middle East multiply, threatening Asia, home to some of the world's largest net oil ...

Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources.” ...

India's crude oil imports from Russia rose by 11.7% to about 1.9 million barrels per day (bpd) in September, accounting for ...

TGI Fridays restaurants to shut with loss of 1,000 jobs The price of oil has surged by more than 3pc today after mounting tensions in the Middle East pushed a barrel above $80 for the first time ...

The price of oil has surged by more than 3pc today after mounting tensions in the Middle East pushed a barrel above $80 for the first time since August. Oil has experienced recent volatility ...