Oil is trading like a meme stock, some analysts say.

Oil was slightly higher as traders expect a group of countries to tap emergency crude reserves to mitigate disruption caused by the war in the Middle East.

Meanwhile, the market shrugs at news of a record emergency release of oil.

SYDNEY: Shares in Asia fell broadly on Thursday as oil prices roared 9 percent past $100 a barrel on reports of more ships struck in Gulf waters and terminal shutdowns — a jump…

Oil is trading like a meme stock, some analysts say.

Energy markets remain on tenterhooks as the prospect of prolonged war in the Middle East grows.

Three words spooking the market.