Tag: oil slips
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Oil slips as Saudi Arabia offers more crude via Oman; diesel near record high
Sept 16 : Oil prices fell on Wednesday as reports that Saudi Arabia was offering additional crude cargoes via Oman eased concerns about the scale of Middle East supply disruptions, while European diesel prices hovered near a record high.Brent crude futures were down 59 cents, or 0.54 per cent, to $108.16 a b
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Oil slips as Saudi Arabia offers more crude via Oman
Sept 16 : Oil prices fell on Wednesday as reports that Saudi Arabia was offering additional crude cargoes via Oman eased concerns about the scale of Middle East supply disruptions.Brent crude futures were down 83 cents, or 0.76 per cent, to $107.92 a barrel at 0801 GMT, while U.S. West Texas Intermediate futu
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Stocks rise and oil slips as traders eye Iran threat, Nvidia results
HONG KONG: Stocks rose and oil dipped on Tuesday (Aug 25) as investors assessed a US plan for the “economic asphyxiation” of Iran, while tech firms struggled following another down day on Wall Street and ahead of earnings from chip titan Nvidia.With the war against Tehran in its sixth month, Treasury Secretar
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Oil slips ahead of US announcement of new sanctions on Iran
NEW YORK, Aug 24 : Oil prices fell more than $2 a barrel on Monday as investors took profits after recent gains and awaited details of expected new U.S. sanctions on Iran, which could further disrupt supplies from the Middle East.Brent crude futures were down $1.71, or 1.81 per cent, to $92.69 at 12:48 p.m.…
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Oil slips on weaker demand outlook and higher US stocks amid supply disruptions
LONDON, Aug 13 : Oil prices declined on Thursday as investors assessed prospects for weaker global demand this year and higher U.S. crude stocks, while prices found support from a lack of progress in talks over the blockaded Strait of Hormuz and disruptions to supply.Brent futures were down 91 cents, or 1 per
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Oil slips again as US, Iran sign peace deal
BEIJING, June 18 : Oil prices fell in early trading on Thursday after the U.S. and Iran signed an interim agreement that would end the Iran war, reopen the Strait of Hormuz and waive U.S. sanctions on Tehran’s oil, resolving the largest energy supply disruption in history.Brent crude futures were down 89 cent
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