Oil prices are at their lowest level since August. Here's everything moving crude markets.

Tech Insider
Israeli soldiers work to secure residential areas following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, southern Israel October 7, 2023.
Israeli soldiers work to secure residential areas following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, southern Israel October 7, 2023.

REUTERS/Ammar Awad

BRICS countries could swing an 'economic wrecking ball' at dollar dominance even without a shared trade currency, former White House economist says

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Money getting shredded

Daniel Grizelj/Getty Images

Hamas wants to wreck years of US efforts to mend Israel-Arab ties — and it looks like it's working

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US-Saudi
US Secretary of State Antony Blinken (L) meets with Saudi Foreign Minister Prince Faisal bin Farhan in Riyadh on October 14, 2023.

JACQUELYN MARTIN/POOL/AFP via Getty Images

Wall Street warning: Ray Dalio, Jamie Dimon, Larry Fink issue grim outlooks for the global economy

Tech Insider : Economy, Economy
Ray Dalio.
Ray Dalio.

Eoin Noonan/Getty Images

The crisis in the Middle East could fuel a flare-up in inflation and hasten an economic slump for the US

Tech Insider : Economy, Economy
People try to extinguish a fire in Ashkelon, Israel following Hamas launching a series of surprise attacks October 7.
People try to extinguish a fire in Ashkelon, Israel, after Hamas launched a series of surprise attacks on October 7.

Ahmad Gharabli/AFP via Getty Images

Hamas' strike on Israel will force the market to 'beg' Saudi Arabia to pump out more oil, famed crude trader says

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Palestinians react as an Israeli military vehicle burns after it was hit by Palestinian gunmen who infiltrated areas of southern Israel, at the Israeli side of Israel-Gaza border.
An Israeli military vehicle burns after being hit by Palestinian gunmen who infiltrated southern Israel.

Mohammed Fayq Abu Mostafa/REUTERS

How Saudi Crown Prince Mohammed bin Salman went from pariah to pragmatic diplomat

Tech Insider : Politics, Economy
MBS
Saudi Crown Prince Mohammed bin Salman.

AFP Contributor

Gasoline prices are heading lower after Saudi Arabia pushed oil prices too high and crushed demand, analyst says

Tech Insider : Economy
gas pump prices cars

AP Photo/Gene J. Puskar

Oil prices drop further as the global demand outlook turns murky

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oil rig

Gerald Herbert/AP

Senators warn Biden that a defense pact with 'authoritarian' Saudi Arabia in exchange for normalizing ties with Israel hurts American interests

Tech Insider : Politics
Biden walking among Saudi officials in head coverings
US President Joe Biden boards Air Force One before departing from King Abdulaziz International Airport in the Saudi city of Jeddah on July 16, 2022.

MANDEL NGAN/AFP via Getty Images

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