Tag: Oil prices
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Oil prices jump 4% as Houthis fire missiles at Saudi Arabia
NEW YORK, Sept 24 : Oil prices jumped about 4 per cent to a one-week high on Thursday after Yemen’s Iran-backed Houthis fired missiles at Saudi Arabia and diplomatic talks between the US and Iran showed little sign of progress.Brent futures rose $4.10, or 4.0 per cent, to $107.18 a barrel at 11:09 a.m. EDT…
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Oil prices edge lower as Iran says it is open to diplomacy to end the war
Sept 24 : Oil prices edged lower on Thursday, after climbing 4 per cent in the previous session, as Iran said it remained open to diplomacy to end the US-Iran war, though the two countries remain far apart on ways to do so. Brent crude futures fell 94 cents, or 0.9 per cent, to $102.13…
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Oil prices retreat as markets welcome US-Iran talks
NEW YORK: Oil prices fell again Tuesday (Sep 22) as markets focused on the potential upside of renewed US-Iran diplomatic engagement while shrugging off a bellicose address by US President Trump at the United Nations.Global stocks were mixed, with the Nasdaq rising to a second straight record whi
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Oil prices rise on Trump timeline for Iran peace deal: after US elections
HOUSTON, Sept 22 : Oil prices rose on Tuesday as traders worried about global supplies after US President Donald Trump told the United Nations General Assembly in a speech that a peace deal with Iran could come after the US midterm elections, which are not until early November.Trump also said that without a p
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Indian shares likely to open higher on easing oil prices, bond yields
Sept 22 : Indian shares were likely to open higher on Tuesday, following gains in Wall Street and Asian stocks, as easing crude prices and Treasury yields supported investor sentiment ahead of potential US-Iran talks at the UN General Assembly this week.GIFT Nifty futures were at 23,500 points, as of 7:45 a.m
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Oil prices fall 2% on hopes of limited Saudi supply disruptions
Sept 18 : Oil prices fell 2 per cent on Friday, extending losses for a third straight session, as easing concerns over Saudi supply disruptions outweighed anxiety about a widening the Middle East conflict. Brent crude futures fell $2.3, or 2.2 per cent, to $102.53 a barrel by 0636 GMT, while US West Texas In
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Oil prices fall for third day on hopes of limited Saudi supply disruptions
Sept 18 : Oil prices fell for a third day on Friday as easing concerns over Saudi supply disruptions outweighed anxiety about a widening the Middle East conflict amid fresh fighting between Saudi Arabia and Yemen’s Houthis.Brent crude futures fell 79 cents, or 0.75 per cent, to $104 a barrel by 0319 GMT, whil
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Oil prices fall 1% on hopes of limited supply disruptions
Sept 18 : Oil prices fell about 1 per cent, extending losses for a third session, but stayed above $100 on Friday, as hopes of alternate ways for barrels from the Middle East to reach markets outweighed concerns about strikes between Saudi Arabia and Yemen’s Houthis. Brent crude futures fell $1.01, or 1 per
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Dollar eases from peak as oil prices extend decline, BoJ in focus
Sept 17 : The dollar climbed to a seven-week high on Thursday after the Federal Reserve raised rates and reaffirmed its commitment to curbing inflation, though it later eased as energy prices extended their fall on diminishing fears of supply disruptions.The Fed raised rates and signalled further hikes, with
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Dollar eases from seven-week peak as oil prices extend decline
HONG KONG, Sept 17 : The dollar clung to a seven-week high on Thursday after the Federal Reserve raised interest rates and flagged more hikes in the coming months, with traders now zeroing in on how central banks in the UK and Japan will respond to inflation pressures.The dollar ripped higher alongside US Tre
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