The drop in oil prices is just a 'ploy' as speculators pretend demand is weak, Saudi Arabia energy minister says

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Prince Abdulaziz bin Salman
Saudi Arabian Energy Minister Prince Abdulaziz bin Salman.

REUTERS/Satish Kumar

Oil prices would soar to $150 and market volatility would skyrocket in the most severe scenario for the Israel-Hamas war, EY chief economist says

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Oil prices have risen sharply following Russia's invasion of Ukraine.

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Russia and Saudi Arabia have likely made close to $3 billion this quarter as OPEC+ production cuts push oil toward $100 a barrel

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Russian President Vladimir Putin, right, and Saudi Arabia's King Salman pose for a photo during a welcoming ceremony ahead of their talks at the Kremlin in Moscow, Russia, on Thursday, Oct. 5, 2017.

Yuri Kadobnov/Pool Photo via AP

Oil prices will hit $100 a barrel in 2024, Goldman Sachs' chief commodities strategist warns

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'Shark Tank' investor Kevin O'Leary warns of more pain coming for the economy as the Fed is poised to hike rates higher and as oil prices keep rising

Tech Insider : Economy
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The US needs to up oil production to around 18 million barrels a day, Kevin O'Leary estimated.

Reuters/Gus Ruelas

Oil prices could rise to $120 a barrel on further supply cuts, and that would bring economic growth to a halt next quarter, JPMorgan says

Tech Insider : Economy
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Men work on an well pump near Sweetwater, Texas, Dec. 23, 2014.

LM Otero/AP

Oil prices soar to 10-month high as Russia and Saudi Arabia commit to slash production for longer

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