Tag: oil climbs
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Oil climbs after Trump denies he is willing to ease sanctions on Iran
PERTH, Sept 30 : Oil prices rose on Wednesday after US President Donald Trump denied he would be willing to ease sanctions on Iran while Qatar pushed for peace talks, after falling in the previous session on a recovery in crude supply from the Middle East. Brent crude futures rose $1.14, or 1.11 per cent,…
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Stocks slip in Asia as oil climbs, bonds retreat
SYDNEY, Sept 28 : Share markets were mostly lower on Monday as oil prices popped higher again amid doubts the United States and Iran will reach a truce anytime soon, keeping bonds under pressure ahead of a week packed with economic news.Over the weekend, US President Donald Trump rejected an Iranian proposal
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Oil climbs as Saudi pipeline outage, fresh attacks heighten supply concerns
Sept 15 : Oil prices rose on Tuesday as concerns over supply disruptions persisted after attacks on Saudi Arabian energy infrastructure left the kingdom’s East-West pipeline offline and cast doubt on efforts to ease shipping risks in the Gulf.Brent crude futures rose $1.37, or 1.3 per cent, to $107.05 a barre
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Shares slip in Asia as oil climbs, rate hikes loom
SYDNEY, Sept 14 : Share markets slid in Asia on Monday as supply concerns caused oil prices to spike anew, while investors braced for possible interest rate hikes in both the United States and Japan this week.Brent climbed 3 per cent as new strikes on Saudi Arabia and on ships in the Gulf tested nerves,…
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Shares ease in Asia as oil climbs, yields stay high
SYDNEY, Aug 31 : Share markets slipped in Asia on Monday as fresh fighting broke out between the U.S. and Iran, lifting oil prices, while bond yields stayed painfully elevated after investors narrowed the odds on a U.S. rate hike.Brent futures climbed 2.7 per cent to $90.51 a barrel after U.S. forces struck t
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Shares skid in Asia as oil climbs, yields stay high
SYDNEY, Aug 31 : Share markets slid on Monday in Asia as fresh fighting broke out between the U.S. and Iran, lifting oil prices, while bond yields stayed elevated after investors narrowed the odds on a U.S. rate hike.Brent futures climbed 2.8 per cent to $90.60 a barrel after U.S. forces struck two of Iran’s
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Oil climbs as fading US-Iran peace hopes raise supply risks
Aug 18 : Oil prices rose on Tuesday as a deal to end the Middle East war seemed further out of sight with Iran saying it will adopt a more offensive stance and the U.S. ruling out extending a ceasefire agreement, heightening worries about energy supply.Iran will shift to a “fully offensive” military posture
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Oil climbs over $1 on tanker attacks, no progrees on peace
HOUSTON, Aug 14 : Crude oil futures climbed over $1 a berrel on Friday on tanker attacks and a lack of progress on a peace agreement between the Trump administration and Iran’s leadership.Brent futures settled at $88.52 a barrel, up $1.45, or 1.67 per cent. U.S. West Texas Intermediate crude futures finished
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Oil climbs on tanker attacks, US-Iran claims about Hormuz control
HOUSTON, Aug 14 : Crude oil prices climbed on Friday over renewed attacks on tankers and a war of words between the Trump administration and Iran’s leadership.Brent futures were up 80 cents, or 0.92 per cent, to $87.87 a barrel at 10:48 a.m. CT (1548 GMT), while U.S. West Texas Intermediate crude futures were
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Oil climbs 2%, extending gains on dimming US-Iran peace hopes
Aug 11 : Oil prices rose more than 2 per cent on Tuesday to their highest in more than a week as ongoing disruption to Middle East energy flows and fading hopes for a U.S.-Iran peace deal heightened concern over global oil supplies.Brent crude futures rose $2.09, or 2.38 per cent, to $89.81 a barrel…
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