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Oil prices to touch $120? Oil price today surges after Iran strikes Saudi Aramco refinery, Brent jumps above $80 — will inflation and gasoline prices rise next?
02 Mar 2026 14:18 GMT
… to risk-sensitive sectors.
OPEC+ production boost offers limited immediate reliefBefore … conflict escalated, OPEC+ had already planned to increase oil output by 206,000 … about 22 days of output. If exports stall, production cuts become unavoidable. That …
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Hormuz shutdown ramifications: Oil price hike to hit $100 as Asia-Europe LNG battle looms
02 Mar 2026 16:37 GMT
… , SVP of Refining, Chemicals and Oil Markets at Wood Mackenzie, commented … group of eight OPEC+ countries responsible for voluntary production cuts agreed to resume … /d cut, Wood Mackenzie underlines they will bolster production by 206 …
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OPEC+ Decides to Boost Production
02 Mar 2026 14:06 GMT
… including the additional voluntary production adjustments that will be … that OPEC+ has decided to increase its crude oil production target … line with OPEC+’s cautious unwinding of cuts, quickly became … more important than headline output targets,” Leon said.
…
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US stock market big crash today: Why Dow, S&P 500, Nasdaq in deep red today? Oil, gas and gold prices surge — here are the defence and energy stocks gaining big
02 Mar 2026 14:50 GMT
… 20% of global oil shipments.
When oil prices spike, inflation … concerns and potential output constraints from Iran, OPEC’s fourth- … expectations for aggressive rate cuts.
Which defence and energy … -specific catalysts can still cut through macro chaos. SoFi …
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Iran's new wave of attacks escalates threat to the world's largest oil and gas hubs
02 Mar 2026 16:35 GMT
… refineries, export terminals and oil and gas fields, could become … done”.
Sustained attacks on production fields or pipelines would add … global output.
Amena Bakr, head of Middle East energy and Opec+ … noted the risk of disruption cuts both ways. Iran produces …
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Oil Surges and Stock Markets Fall After Strikes in Iran
02 Mar 2026 14:24 GMT
… in Asia down overnight. Oil and Gold Despite having … the announcement that OPEC would be increasing production, although attacks on … over future interest rate cuts, given that higher fuel … and prolong their decision to cut until April. Stock Markets …
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Air France-KLM weakened by the double geopolitical and oil shock
02 Mar 2026 16:40 GMT
… gold by volume, its oil production is extremely limited. At … Frédérik Ducrozet (Pictet) cited output of around 500,000 barrels … to the price surge, eight OPEC+ countries (Saudi Arabia, Russia, … gradually begin lifting the voluntary production cuts of 1.65 mb…
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What the Iran conflict means for oil, markets and portfolios
02 Mar 2026 13:53 GMT
… storage buffers deplete, refiner production cuts cascade and replacement cargoes … Investors, provided a useful oil price comparison for context: … provide some buffer, alongside OPEC spare capacity of roughly … by fragmentation. Libya’s output collapsed from 1.7 …
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Air France-KLM Weakened by the Double Blow of Geopolitical and Oil Shocks
02 Mar 2026 16:40 GMT
… ’s 4th largest oil reserves by volume, its oil production is extremely limited … response to soaring prices, eight OPEC+ countries (Saudi Arabia, Russia, Iraq … begin gradually lifting the voluntary production cuts of 1.65 million barrels …
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Oil’s Revived Risk Premium Imperils India As Middle East Conflict Deepens
02 Mar 2026 16:12 GMT
… notes. Eight OPEC+ members have pledged to raise output by 206 … high-wire act. Rate-cut hopes fade into conditional clauses … lulled investors into believing that oil had been domesticated. This … exports across oceans. When oil grows dear, distance itself …