Tag: east supply
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Oil hits over 3-week high on Middle East supply concerns amid war impasse
LONDON, Aug 20 : Oil prices climbed to more than three-week highs on Thursday, driven by concerns that the impasse in the Iran war will continue to disrupt supply from the key Middle Eastern producing region.Brent crude futures for October delivery were up $2.19, or 2.39 per cent, to $93.81 a barrel at 1257 G
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Oil hits 3-week high on Middle East supply concerns amid war impasse
LONDON, Aug 20 : Oil prices climbed to three-week highs on Thursday, driven by concerns that the impasse in the Iran war will continue to disrupt supply from the key Middle Eastern producing region.Brent crude futures for October delivery rose $1.20, or 1.3 per cent, to $92.82 a barrel by 0813 GMT, while U.S.
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Oil heads for weekly gains as Middle East supply risks persist
LONDON, July 10 : Oil prices rose on Friday and were on track for weekly gains as renewed U.S.-Iran fighting disrupted shipping in the Strait of Hormuz, stoking concerns over supply disruptions.Brent futures were up 60 cents, or 0.8 per cent, at $76.90 a barrel by 1131 GMT. U.S. West Texas Intermediate (WTI)
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Oil heads for weekly gain as Middle East supply risks persist
NEW DELHI, July 10 : Oil prices rose on Friday and were set for weekly gains because of renewed fears of supply disruptions from the key Middle East producing region after renewed fighting between the U.S. and Iran this week curtailed shipping in the Strait of Hormuz.Brent futures were up 19 cents, or
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