Oil prices climbed about 3% on Tuesday after Iran fired a salvo of ballistic missiles at Israel in retaliation for Israel’s campaign against Tehran’s Hezbollah allies in Lebanon.
Executives from oil and gas firms have revealed where they expect the West Texas Intermediate (WTI) crude oil price to be at various points in the future as part of the third quarter Dallas Fed Energy Survey.
Curious Minds Corner
Question of the week
What does OPEC stand for?
Organization of the Petroleum Exporting Countries.