Tag: oil
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Oil falls, stocks gain amid Iran peace hopes; yen firms after intervention
NEW YORK/LONDON, Aug 3 : Oil prices dropped and major stock indexes gained on Monday on signs that U.S.-Iran tensions were easing again, while the yen strengthened against the euro and dollar after the U.S. and Japan confirmed joint intervention to support it.Oil prices fell sharply after U.S. President Don
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Oil slides, stocks rise on hopes of deal to end Middle East war
LONDON: Oil prices tumbled Monday (Aug 3) and stocks mostly rose after US President Donald Trump said he was preparing for new talks with Iran aimed at ending the war in the Middle East.Crude futures slid more than 6 p
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Oil prices drop 5% to three-week low after Trump cancels attack on Iran
NEW YORK, Aug 3 : Oil prices fell about 5 per cent to a three-week low on Monday after U.S. President Donald Trump held off on a fresh attack on Iran in the hope of sealing a quick deal that could boost oil supplies from the Gulf.Brent futures fell $4.41, or 5.0 per cent, to…
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Oil prices drop after Trump cancels attack on Iran to seek deal
LONDON, Aug 3 : Oil prices fell more than $5 a barrel on Monday after U.S. President Donald Trump held off a fresh attack on Iran as he sought a quick deal with Iran, which said that no talks were planned.Brent crude futures fell $5.04, or 5.73 per cent, to $82.89 by 1218 GMT, having…
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Oil prices drop after Trump cancels attack on Iran to seek nuclear deal
LONDON, Aug 3 : Oil prices fell more than $4 a barrel on Monday after U.S. President Donald Trump held off a fresh attack on Iran as he sought a quick deal that would halt Tehran’s nuclear ambitions and reopen the Strait of Hormuz.Brent crude futures fell $4.23, or 4.8 per cent, to $83.70 by…
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Iran denies talks with US underway after Trump comments
US President Doanld Trump president said a fresh round of talks to end to the war would begin on Monday. Iranian authorities later dismissed the statement, saying they are only in talks with Oman. Follow DW for more.
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Trump announces new round of talks with Iran
After saying over the weekend that he would halt planned new attacks on Iran, the US president said a fresh round of talks to end to the war would begin on Monday. Follow DW for more.
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Oil price rises after Iran says it stops ships in Hormuz
CAIRO/DUBAI, July 31 : Oil prices rose on Friday after Iran said it had stopped two vessels seeking to exit the Strait of Hormuz, underscoring concerns over global energy supplies following a drone attack on ships in a Mediterranean Egyptian port this week.Iran said four other tankers turned back after its fo
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India approves US$8.81 billion offshore oil and gas exploration plan
NEW DELHI: India said on Friday (Jul 31) it will provide US$8.8 billion in financial support for offshore oil and gas exploration as part of its efforts to reduce its heavy reliance on energy imports.India, the world’s third-largest importer of oil and the second-largest buyer of liquefied petroleum gas (LPG)
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BP seeks to sell North Sea business as UK faces drilling dilemma
LONDON: BP has launched moves to sell its North Sea business, the British oil and gas giant announced on Friday (Jul 31), as new Prime Minister Andy Burnham faces pressure to ease drilling restrictions in the area.”The North Sea remains integral to the UK’s energy system,” BP chief executive Meg O’Neill said
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