Tag: oil
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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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Are interest rates on their way up again?
As countries grapple with energy costs pushing up inflation, this month will see how central banks respond.
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Oil, gas and borrowing costs surge as fears over Middle East escalate
Energy prices rise sharply as markets fear the Iran war will not be resolved quickly.
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Iran war won’t end until after US midterm elections, says Trump
The president also said oil prices won’t come down until after the November races, claiming without evidence that Iran wants to impact the election.
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Brent holds above $100 as tanker attacks deepen supply fear
NEW DELHI, Sept 10 – Oil prices held firm on Thursday after Brent crude breached $100 a barrel, with traders bracing for deeper supply disruption as Iran and the United States launched their largest attacks on shipping since their six-month-old conflict began.Brent crude futures rose 0.1 per cent to $101.34 a
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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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Brent oil passes US$100 on Mideast flare-up, stoking inflation fears
NEW YORK: International oil benchmark Brent spiked above US$100 a barrel Wednesday (Sep 9) for the first time since late July following renewed US-Iran hostilities, stoking fears of price increases and interest rate hikes.The jump in crude prices – with Brent up more than 3 per cent to US$101.21 a barrel – dr
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Dollar trades near 7-month low against yen as oil settles above $100
NEW YORK, Sept 9 : The dollar traded near a seven-month low against the yen on Wednesday as oil prices settled above $100 a barrel amid an escalating conflict in the Middle East, while investors positioned for central bank meetings next week.The U.S. currency has come under pressure largely due to the yen’s
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Trading Day: $100 oil bites
ORLANDO, Florida, Sept 9 : Stocks around the world fell on Wednesday as entrenched conflict in the Middle East pushed oil prices above $100 a barrel, while bond yields rose to fresh multi-year highs as investors reacted negatively to the U.S. Treasury’s plan to triple bond buybacks. In my column today, I loo
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Dollar hovers near seven-month low vs yen as oil tops $100
NEW YORK, Sept 9 : The dollar hovered near a seven-month low against the yen on Wednesday as oil prices climbed above $100 a barrel amid an escalating conflict in the Middle East, while investors positioned for central bank meetings next week.The U.S. currency has come under pressure largely due to the yen’s
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