Tag: oil
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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 up nearly 1% as US and Iran trade fresh strikes
Sept 2 : Oil prices rose nearly 1 per cent 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 87 cents
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US defends Trump’s Venezuela oil deal
“First and foremost, (the deal) furthers the national interest of the United States,” a US official told reporters.
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Remarkable US oil deal puzzles analysts – and angers many Venezuelans
Amounting to 65 billion barrels of crude, the deal is labelled by one ex-envoy as a colonialist “fever dream”.
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Trump’s Venezuela oil move: What happens next?
A massive oil announcement, a planned meeting with refinery executives and questions about who controls one of the world’s biggest energy reserves — what do we know so far? A former US ambassador shares his insights.
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Oil prices settle up more than $4 a barrel on renewed US-Iran fighting
NEW YORK: Oil prices jumped more than $4 a barrel on Tuesday (Sep 1), settling at a five-week high, as traders feared more supply disruptions from the Middle East due to renewed fighting between the U.S. and Iran.Brent futures rose $4.16, or 4.6 per cent, to settle at $94.65 a barrel. U.S. West Texas Intermed
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Oil up around 2% as renewed US-Iran strikes stoke supply fears
LONDON, Sept 1 : Oil prices rose by around 2 per cent on Tuesday as the resumption of fighting between the United States and Iran in the Middle East renewed fears of supply disruptions from the world’s key crude-producing region. Brent crude futures were up $1.72, or 1.9 per cent, to $92.21 a barrel at
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Bond selloff deepens and stocks drop as oil prices stoke inflation fears
TOKYO/LONDON, Sept 1 : Global bond yields hit major new highs on Tuesday as renewed fighting in the Middle East lifted oil prices and traders braced for interest rate hikes, putting pressure on stock markets around the world.Japan’s 10-year benchmark yield hit 3 per cent for the first time since 1996, pushing
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