IEA Reports: Global Energy Market to Remain Volatile as Israel-Hamas War Persists
Following the attack by Hamas on Israel on October 7, traders initially priced in a $3 to $4 risk premium when oil markets opened.
British Oil Giant BP Records Q2 2022 Revenue Jump on Rising Energy Bills
BP reported a profit of $9.3 billion, compared with a loss of $20.4 billion for the first quarter of 2022.