Oil rose for a fourth day as traders assessed supply risks in West Asia. The reason: Israel is expected to make a retaliatory strike against Iran following Tehran's missile barrage earlier this week. The volume of so-called Brent call options trades hit a record high today, with the majority of those bets being placed on the price of crude hitting $100 a barrel.

Oil Rises For a Fourth Day Towards $75/Barrel

Oil prices rose in early Asian trading on Monday, adding to last week's gains as rescuers searched for Iran's President Ebrahim Raisi after a helicopter crash in the oil-producing nation. Watch in for more details!

Oil prices rise amid uncertainity over Iran President Ebrahim Raisi's fate

Crude oil prices, which have been on a steady increase for 3 consecutive weeks, seem to be coming to an end primarily due to the rising tension between the United States and China

Oil prices have risen sharply in recent weeks

Oil prices jumped about 2 per cent on Wednesday on media reports that suggested scientists were developing a vaccine for the fast-spreading coronavirus, even as world health experts said treatments have not yet been found.

Oil prices jump 2 per cent as virus vaccine reports spur hope

Oil prices climbed by around 1 per cent on Wednesday amid a stock market rebound and on expectations that an OPEC-led output cut for 2019 would stabilise the supply-demand balance.

Oil prices rise on Asian stock rally, OPEC-led cuts

Oil prices rose by more than one per cent on Monday after top exporter Saudi Arabia announced a December supply cut, a measure likely aimed at halting a market slump that has seen crude decline by 20 per cent since early October.

Oil prices rise by more than 1 per cent after Saudis announce December supply cut

Oil prices rose to their highest in eight months caused by high demands in US and China

Oil hits 8-month high due to US inventory draw and China imports

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