Tag: oil
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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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Oil prices rise as latest fighting resurrects Middle East supply disruption risks
Sept 1 : Oil prices gained on Tuesday as the resumption of fighting between the U.S. and Iran in the Middle East renewed fears of supply disruptions from the world’s key crude-producing region. Brent crude futures were up 56 cents, or 0.6 per cent, to $91.05 a barrel at 0044 GMT, while U.S. West Texas…
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Oil rises over 2% as US and Iran resume military attacks
LONDON, Aug 31 : Oil prices rose more than 2 per cent on Monday after the U.S. attacked an Iranian island in the Strait of Hormuz and Tehran said it had retaliated, as their conflict extended into its sixth month.Brent crude futures were up $2.35, or 2.67 per cent, to $90.45 a barrel at 1306…
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Oil rises over 3% as US and Iran resume military attacks
LONDON, Aug 31 : Oil prices rose more than 3 per cent on Monday after the U.S. attacked an Iranian island in the Strait of Hormuz and Tehran said it had retaliated, as their conflict extended into its sixth month.Brent crude futures were up $2.87, or 3.26 per cent, to $90.97 a barrel at 1120…
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Oil rises over 3% as US, Iran resumes military attacks
LONDON, Aug 31 : Oil prices rose more than 3.5 per cent on Monday after the U.S. attacked an Iranian island in the Strait of Hormuz and Tehran said it had retaliated, as their conflict extended into its sixth month.Brent crude futures were up $3.15, or 3.58 per cent, to $91.25 a barrel at 0903…
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