Tag: Oil prices
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Oil prices fall after hitting over one-month high; traders weigh supply risks
Sept 2 : Oil prices fell on Wednesday after climbing to more than one-month highs earlier in the session, with traders weighing the risk of supply disruptions following overnight strikes by the U.S. and Iran against signs that crude supplies continue to reach the market.Brent crude futures fell 57 cents, or 0
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Oil prices steady as traders weigh supply risks
Sept 2 : Oil prices were little changed on Wednesday after climbing to more than one-month highs earlier in the session as traders weighed the risk of supply disruptions following overnight U.S. and Iranian strikes against signs that crude supplies continue to reach the market.Brent crude futures rose 9 cents
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Oil prices extend gains as US and Iran trade fresh strikes
Sept 2 : Oil prices rose in early trade on Wednesday, extending the previous session’s surge, as concerns over supply disruption intensified after the U.S. and Iran exchanged strikes overnight, dimming hopes for a quick easing of tensions in the Middle East.Brent crude futures rose 75 cents, or 0.8 per cent,
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Oil prices rise as latest fighting resurrects Middle East supply disruption risks
Sept 1 : Oil prices gained on Tuesday as the resumption of fighting between the U.S. and Iran in the Middle East renewed fears of supply disruptions from the world’s key crude-producing region. Brent crude futures were up 56 cents, or 0.6 per cent, to $91.05 a barrel at 0044 GMT, while U.S. West Texas…
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Oil settles up by more than 2.5% as US and Iran resume military attacks
Brent tops US$91 as traders price in renewed supply risk after US-Iran fighting resumes and Hormuz shipping stays thin.
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Oil prices extend losses on expectations talks to ease Middle East supply woes
Aug 27 : Oil prices fell on Thursday, extending a streak of multiple days of losses, on expectations talks between Iran and Qatar may open the key Strait of Hormuz and reduce supply disruptions from the Middle East war. Brent crude futures were down 60 cents, or 0.7 per cent, to $87.24 a barrel by…
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Oil prices fall $2 on Iran-Oman talks to reopen Strait of Hormuz
Aug 26 : Oil prices fell more than $2 a barrel to a two-week low on Wednesday as talks between Iran and Oman revived hopes that the Strait of Hormuz could reopen and remove shipping constraints affecting supply in the key Middle East region. Brent crude futures fell $2.25, or 2.54 per cent, to $86.33…
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US oil prices extend losses on hopes of Iran-Oman talks on Strait of Hormuz
TOKYO, Aug 26 : U.S. oil prices fell in early trade on Wednesday, extending the previous session’s losses, on hopes the Strait of Hormuz could reopen after Iran said it had resumed talks with neighbour Oman on managing the strategic waterway.U.S. West Texas Intermediate crude futures fell $1.37, or 1.7 per ce
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