Tag: oil inches
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Oil inches up as US-Iran peace deal fades
NEW YORK, Aug 18 : Oil prices inched up on Tuesday, marking a third day of gains, as Iran said it would adopt a more offensive stance and the Strait of Hormuz would remain closed, and Washington ruled out extending a ceasefire.Brent crude futures were up 59 cents, or 0.7 per cent, at $91.46 a…
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Oil inches down as investors focus on Hormuz flows after peace talks
June 23 : Oil prices inched down on Tuesday, extending losses from the previous session, as investors looked for clearer signs of progress in restoring crude flows through the Strait of Hormuz following U.S.-Iran peace talks.Brent crude futures fell 20 cents, or 0.3 per cent, to $77.70 a barrel and U.S. West
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