Tag: oil
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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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US strikes Iranian oil tankers as Tehran targets American base in Jordan
Oil prices edged closer to $100 a barrel after an escalation in the tit-for-tat strikes between the US and Iran.
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Oil nears $100 as fresh Middle East strikes raise supply risks
NEW DELHI, Sept 9 : Oil prices rose for the fourth straight session, gaining more than $1 in early trade on Wednesday after renewed attacks across the Middle East heightened worries about supply disruptions. Brent crude futures rose 1.4 per cent, to $99.33 a barrel by 0212 GMT, while U.S. West Texas Intermed
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Oil jumps $1 in early trade after Iran launches missiles at Jordan
September 9 : Oil prices jumped for the fourth straight session, gaining more than $1 in early trade on Wednesday after Iran launched fresh attacks on U.S. military assets in the Gulf as the war between Washington and Tehran continued to spill out across the region. Brent crude futures rose $1.57, or 1.6 per
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US strikes oil tankers off coast of Iran
Explosions were heard near Iranian oil export terminals in Jask and Kharg Island.
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Argentina to file criminal case against oil company operating in Falklands
The move comes days after President Javier Milei stepped up Argentina’s claims of sovereignty over the Falklands.
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Oil hits multi-week highs after Houthi attacks on Saudi energy facilities
Sept 8 : Oil prices hit multi-week highs on Tuesday after Iran-backed Houthis attacked Saudi energy facilities and Tehran threatened the United States with “economic warfare”.Brent crude futures were up $2.00, or 2.06 per cent, at $99.00 a barrel by 0800 GMT. U.S. West Texas Intermediate crude was at $94.41 a
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Oil rises as risks of prolonged Mideast conflict heighten supply worries
Sept 8 : Oil prices extended gains on Tuesday as risks of a prolonged conflict in the Middle East grew after Iran threatened to retaliate against any new U.S. attacks on its assets, heightening worries over supply disruption.Brent crude futures climbed 34 cents, or 0.35 per cent, to $97.34 a barrel by 0000 GM
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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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