Tag: oil
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Oil settles up over $2 as Iran war stalemate stokes supply concerns
HOUSTON, Aug 17 : Oil prices settled up by more than $2 on Monday on global supply worries stoked by investor pessimism about diplomatic efforts to resolve the Iran war, with U.S. President Donald Trump demanding Iran’s surrender and threatening to bomb Oman.Brent crude futures settled up $2.35, or 2.65 per c
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Oil jumps $2 as investors weigh Iran war stalemate, stoking supply concerns
HOUSTON, Aug 17 : Oil prices rose by more than $2 on Monday on global supply worries stoked by investor pessimism about diplomatic efforts to resolve the Iran war, with U.S. President Donald Trump demanding Iran’s surrender and threatening to bomb Oman.Brent crude futures were up $2.50, or 2.82 per cent, at $
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Oil steady on Iran war stalemate
HOUSTON, Aug 17 : Oil prices were steady on Monday on a lack of progress in diplomatic efforts to resolve the Iran war, with investors wary of U.S. President Donald Trump’s latest comments demanding that Iran surrender while also threatening to bomb Oman.Brent crude futures were up 6 cents, or 0.07 per cent,
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Oil rises on Iran war stalemate; near-term potential for further gains seen limited
Aug 17 : Oil prices rose on Monday on a lack of progress in diplomatic efforts to resolve the Middle East conflict, though the absence of major supply outages limited gains.Brent crude futures were up 92 cents, or 1.04 per cent, at $89.44 by 1002 GMT after hitting a session high of $89.68. U.S. West…
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Oil climbs over $1 on tanker attacks, no progrees on peace
HOUSTON, Aug 14 : Crude oil futures climbed over $1 a berrel on Friday on tanker attacks and a lack of progress on a peace agreement between the Trump administration and Iran’s leadership.Brent futures settled at $88.52 a barrel, up $1.45, or 1.67 per cent. U.S. West Texas Intermediate crude futures finished
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Oil climbs on tanker attacks, US-Iran claims about Hormuz control
HOUSTON, Aug 14 : Crude oil prices climbed on Friday over renewed attacks on tankers and a war of words between the Trump administration and Iran’s leadership.Brent futures were up 80 cents, or 0.92 per cent, to $87.87 a barrel at 10:48 a.m. CT (1548 GMT), while U.S. West Texas Intermediate crude futures were
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Oil set for weekly gains after US threatens indefinite blockade of Iran
Aug 14 : Oil prices rose on Friday and were on track for weekly gains after the United States threatened an indefinite naval blockade of Iran, raising concerns about disruptions to crude supplies from the Middle East.Brent futures were up 12 cents, or 0.14 per cent, to $87.19 a barrel at 1047 GMT, while U.S.
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Philippine president says joint oil and gas exploration with China a ‘distinct possibility’
Recent energy supply disruptions and price spikes have added urgency to the Philippines’ efforts to tap potential offshore resources, says President Ferdinand Marcos Jr.
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Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
Aug 14 : Oil prices rose on Friday and were on track for weekly gains after the United States threatened an indefinite naval blockade of Iran, raising concerns about disruptions to crude supplies from the Middle East.Brent futures were up $1.43, or 1.64 per cent, to $88.50 a barrel at 0810 GMT, while U.S. Wes
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Oil rises after US threatens indefinite blockade of Iran
NEW DELHI, Aug 14 : Oil prices gained on Friday after the United States threatened an indefinite naval blockade of Iran, reviving concerns about supply of crude after the previous session’s fall on a weaker outlook for demand and a large build in U.S. stocks.Brent futures rose 90 cents, or 1.03 per cent, to $
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