Tag: oil
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Oil rallies for the week as US-Iran fighting resumes; diesel hits record high
Sept 4 : Oil prices were on course to gain over 6 per cent for the week as the U.S. and Iran resumed military exchanges in their conflict, now in its seventh month, while U.S. diesel prices hit a record high.A rally in oil prices combined with a much steeper increase in fuel prices has…
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US diesel prices hit an all-time-high
Fuel prices have soared since the Iran conflict began at the end of February, mirroring the surge in wholesale oil prices.
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Oil prices set for weekly gain as US-Iran hostilities intensify
Sept 4 : Oil prices eased on Friday but were still headed for a weekly gain as rising U.S.-Iran tensions heightened concerns over Middle East supply risks.Brent crude futures were down 47 cents or 0.49 per cent at $95.05 a barrel by 0813 GMT, while U.S. West Texas Intermediate crude futures lost 64 cents, or
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Argentine leader says oil firms working off Falklands face sanctions
Javier Milei reiterates his country’s claim on the British overseas territory, saying the “winds of change” favour it.
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Iran bets on shadow networks to evade US sanctions
To circumvent US sanctions, Iran has spent decades building a complex network of businesspeople and companies. A billionaire once sentenced to death is now back at its center.
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Oil prices rise on escalation in Middle East
LONDON, Sept 3 : Oil prices rose on Thursday after U.S. strikes on Iran and renewed Israeli threats against Tehran revived concerns about disruptions to Middle East supplies.Brent crude futures were up 59 cents, or 0.62 per cent, at $96.22 a barrel by 1327 GMT while U.S. West Texas Intermediate crude futures
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Oil prices hit fresh 6-week highs on renewed Middle East tensions
LONDON, Sept 3 : Oil prices hovered near six-week highs on Thursday after fresh U.S. strikes on Iran and renewed Israeli threats against Tehran heightened concerns about disruptions to Middle East supplies.Brent crude futures were up $1.76, or 1.8 per cent, at $97.39 a barrel by 1025 GMT, erasing earlier loss
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Oil falls from recent highs as investors weigh uncertainty over US-Iran strikes
LONDON, Sept 3 : Oil prices edged lower on Thursday as investors weighed the uncertainty of renewed military strikes between the U.S. and Iran that risk disrupting supplies from the Middle East.Brent crude futures fell 56 cents, or 0.6 per cent, to $95.07 a barrel at 0752 GMT, while U.S. West Texas Intermedia
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Oil edges down as investors weigh uncertainty over US-Iran strikes
BEIJING, Sept 3 : Oil prices edged lower on Thursday as investors weighed the uncertainty of renewed military strikes between the U.S. and Iran that risk disrupting supplies from the Middle East.Brent crude futures fell 43 cents, or 0.45 per cent, to $95.2 a barrel at 0029 GMT, while U.S. West Texas Intermedi
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Who is Alejandro Betancourt, the colourful oil baron behind US-Venezuela oil deal?
The 46-year-old figure of international intrigue has an apparent knack for being in the right place at the right time.
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