Tag: oil climbs
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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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Shares unsettled as oil climbs, earnings loom for AI
SYDNEY, July 20 : Shares slipped with bonds on Monday as the escalating conflict in the Gulf lifted oil prices and fanned fears of inflation, while a packed week of major tech earnings will further test investor faith in the artificial intelligence trade.Brent crude climbed above $90 a barrel for the first ti
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Asia shares shaky as oil climbs, earnings loom
SYDNEY, July 20 : Asian share markets slipped on Monday as the escalating conflict in the Gulf lifted oil prices and fanned fears of inflation, while a packed week of major tech earnings will further test investor faith in the AI trade.Brent crude climbed above $90 a barrel for the first time in more than…
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Asia shares hesitant as oil climbs, earnings loom
SYDNEY, July 20 : Asian share markets were hesitant on Monday as the escalating conflict in the Gulf lifted oil prices and fanned fears of inflation, while a packed week of major tech earnings will further test investor faith in the AI trade.Brent crude climbed 3 per cent to cross $90 a barrel for the…
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Shares skid in Asia as oil climbs on Gulf conflict
SYDNEY, July 13 : Share markets slid in Asia on Monday as fighting intensified in the Gulf and Iran claimed to have closed the vital Strait of Hormuz, sending oil prices surging and rekindling inflation risks globally. The dollar rose with bond yields as investors narrowed the odds of a hike in interest rates
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Oil climbs as market monitors US-Iran talks
July 7 : Oil rose on Tuesday as traders’ nervousness about a lack of progress on peace talks between the United States and Iran offset any price impact of a slight recovery in shipping through the Strait of Hormuz.Brent crude futures gained $1.02, or 1.42 per cent, to $73.01 a barrel, while U.S. West Texas…
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