Tag: Oil prices
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US borrowing costs hit highest level since 2007 as oil prices jump
The effective interest rate on US government bonds over 10 years, known as the 10-year Treasury yield, has risen as high as 5.04% but has eased back since.
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Oil prices rise as Saudi pipeline outage, fresh attacks raise supply concerns
Sept 15 : Oil prices rose on Tuesday as concerns over supply disruptions persisted after attacks on Saudi Arabian energy infrastructure left the kingdom’s East-West pipeline offline and cast doubt on efforts to ease shipping risks in the Gulf.Brent crude futures rose $1.24, or 1.18 per cent, to $106.93 a barr
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Oil prices climb over 2% after strikes on Saudi pipeline and ships in Middle East
NEW YORK, Sept 14 : Oil prices climbed over 2 per cent on Monday as worries about energy supplies mounted following new strikes on Saudi Arabian energy infrastructure and attacks on ships in the Middle East.Brent futures rose $2.72, or 2.6 per cent, to $107.33 per barrel at 11:39 a.m. EDT (1539 GMT). U.S. We
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Oil prices jump more than US$3 after new strikes on Saudi, Strait of Hormuz
BEIJING: Oil prices rose more than US$3 a barrel at the market open on Monday, after new strikes on Saudi Arabia and on ships in the Gulf on Sunday (Sep 13).Brent crude futures rose US$3.62, or 3.46 per cent, to US$108.23 per barrel as of 10.14pm GMT Sunday. WTI futures rose US$3.15, or 3.15 per…
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How global trade and oil prices could be hit by Houthi advance
Yemen’s Houthis have seized territory near the Bab al-Mandab Strait – a key trade gateway for oil and global shipping.
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Surging oil prices, higher bond yields weigh on stocks
NEW YORK: Oil prices surged Thursday (Sep 10) as advances by Yemeni rebels threatened the flow of crude supplies while yields on long-term US Treasury bonds reached new multi-year highs following data showing an uptick in US wholesale inflation.The benchmark US oil contract, West Texas Intermediate, jumped ab
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Do Republicans blame Trump for high oil prices?
The BBC’s Sarah Smith is at the Republican Party’s first midterms convention in Texas, taking place as oil prices rise to $100 (£74) a barrel.
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Oil prices rise as Middle East conflict escalates
The price of oil returned to triple digits in US dollars, as conflict in the Middle East threatens supply chains and puts a strain on global reserves.
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Oil prices rise to six-week highs on worsening Middle East conflict
NEW YORK, Sept 7 : Oil prices rose to a six-week high on Monday as Iran vowed to strike energy infrastructure across the Middle East in response to further U.S. attacks on its assets, the latest escalation in a conflict that has sharply reduced oil supply from the region.Brent crude futures rose 85 cents, or
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Oil prices hold near six-week highs on US-Iran attacks
LONDON, Sept 7 : Oil prices were near six-week highs on Monday, creeping closer to $100 a barrel, as tit-for-tat strikes between the U.S. and Iran on vessels sailing in the Strait of Hormuz and other areas kept crude oil flows in the Middle East low.Brent crude futures rose $1.19, or 1.2 per cent to…
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