Tag: oil gains
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Oil gains as traders weigh prospects of easing Middle East supply disruptions
Aug 27 : Oil prices rose on Thursday after falling earlier in the session as traders weighed signs of diplomatic progress involving Iran against lingering risks to oil supplies from the Middle East.Brent crude futures were up 71 cents, or 0.81 per cent, at$88.55 a barrel at 1128 GMT. West Texas Intermediate
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Oil gains as traders weigh prospects of Hormuz reopening
Aug 27 : Oil prices rose on Thursday after falling earlier in the session as investors weighed prospects for progress in reopening the Strait of Hormuz and broader Middle East supply risks.Brent crude futures were up 51 cents, or 0.58 per cent, to $88.35 a barrel at 1005 GMT. West Texas Intermediate crude fu
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Oil gains as investors cautious over Iran-Oman talk progress
Aug 6 : Oil prices rose on Thursday as investors remained cautious on the outcome of Iran-Oman talks and whether they will restore flows via the Strait of Hormuz, while reports of attacks on Saudi tankers in the Red Sea and Gulf of Aden renewed supply tensions.Brent crude futures gained 48 cents, or 0.60 per
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Oil gains after vessels attacked near Strait of Hormuz
July 7 : Oil prices rose on Tuesday after reports of attacks on vessels near the Strait of Hormuz revived fears of disruptions to shipping through the critical energy transit route.Brent crude futures gained 61 cents, or 0.85 per cent, to $72.60 a barrel, while U.S. West Texas Intermediate crude rose 49 cents
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Oil gains after vessel attacks near Strait of Hormuz
July 7 : Oil prices rose on Tuesday as reports of attacks on vessels near the Strait of Hormuz revived fears of disruptions to shipping through the critical energy transit route.Brent crude futures gained 89 cents, or 1.24 per cent, to $72.88 a barrel, while U.S. West Texas Intermediate crude rose 71 cents, o
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Oil gains after selloff, awaits progress on Strait of Hormuz flows
June 23 : Oil prices rebounded on Tuesday after a sharp fall the previous session supported by tempered optimism over U.S.-Iran peace talks, while investors awaited clearer signs of progress in restoring crude flows through the Strait of Hormuz.Brent crude futures gained 24 cents, or 0.38 per cent, to $78.15
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