Free Trial

Oil Market On Edge Amid Middle East War

OIL

The oil market is on edge over the latest crisis in the Middle East, IEA head, Fatih Birol, said at an energy conference in Norway.

  • The war in Gaza between Israel and Hamas has not currently had a significantly effect on market prices, Birol said.
  • However, "if one or more of the oil producing countries in the region is directly involved in the conflict, we may see the implications of that," he added.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.