Tag: oil
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Stocks rise and oil slips as traders eye Iran threat, Nvidia results
HONG KONG: Stocks rose and oil dipped on Tuesday (Aug 25) as investors assessed a US plan for the “economic asphyxiation” of Iran, while tech firms struggled following another down day on Wall Street and ahead of earnings from chip titan Nvidia.With the war against Tehran in its sixth month, Treasury Secretar
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Los Angeles’ oil legacy
Oil made Los Angeles rich. Today aging and abandoned wells are raising fears over pollution, health risks and a costly cleanup. Also: Mallorca’s hydrogen test.
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Oil prices steady as investors weigh impact of expanded US sanctions against Iran
Aug 25 : Oil prices steadied on Tuesday, after falling more than 2 per cent in the previous session, as investors assessed the impact of harsher U.S. secondary sanctions against Iran.Brent crude futures were down 9 cents, or 0.1 per cent, at $92.16 by 0104 GMT, while U.S. West Texas Intermediate crude was up
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Oil slips ahead of US announcement of new sanctions on Iran
NEW YORK, Aug 24 : Oil prices fell more than $2 a barrel on Monday as investors took profits after recent gains and awaited details of expected new U.S. sanctions on Iran, which could further disrupt supplies from the Middle East.Brent crude futures were down $1.71, or 1.81 per cent, to $92.69 at 12:48 p.m.…
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Oil falls ahead of US announcement of new sanctions on Iran
LONDON, Aug 24 : Oil prices slipped more than $1 a barrel on Monday as investors took profits after recent gains and awaited details of expected new U.S. sanctions on Iran, which could further disrupt supplies from the Middle East.Brent crude futures were down $1.55, or 1.64 per cent, to $92.84 at 0911 GMT, w
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Shares, oil dip as US sanctions on Iran loom
LONDON/SYDNEY, Aug 24 : Global stocks slipped on Monday and oil prices eased as investors awaited details of threatened U.S. sanctions on Iran, while the Canadian dollar dipped as a trade war loomed with its southern neighbour.U.S. Treasury Secretary Scott Bessent is due to hold a press conference later on M
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Could Russia’s growing fuel crisis help end the Ukraine war?
Empty pumps, long waits: Attacks on oil refineries have left Russia increasingly short of fuel. Dissident Russian economists say growing anger about shortages among ordinary Russians could help end the Ukraine war.
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Oil rises as Trump threatens sanctions on Iran partners
HOUSTON, Aug 21 : International and U.S. crude futures rose on Friday after U.S. President Donald Trump threatened economic sanctions on Iran’s trading partners, raising expectations of tighter supply in the coming weeks.International benchmark Brent crude futures rose 8 cents, or 0.09 per cent, to $9
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Rosenberg: Shortage of petrol but not patriotism as Russians feel growing impact of war
Drivers are waiting hours in fuel queues, as Moscow prepares to celebrate Russian Flag Day.
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Oil set for second weekly gain as US ramps up pressure on Iran
Aug 21 : Oil prices edged lower on Friday but were on track for a second straight weekly gain after the United States threatened to impose “the toughest sanctions in history” with no end in sight for disruptions to Middle East oil flows.Brent crude futures fell 17 cents, or 0.18 per cent, to $93.61 a…
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