Tag: oil
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Oil touches over one-week low as pause in attacks brings hope of US and Iran deal
July 28 : Oil prices extended losses on Tuesday, hitting their lowest levels in more than a week as hopes for a resolution to the U.S.-Iran conflict grew and traders continued to assess developments in the Middle East.Brent crude futures were down $2.53, or 2.86 per cent, at $85.83 by 0934 GMT. U.S. West Texa
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Oil touches over one-week low as pause in attacks brings hope of US/Iran deal
July 28 : Oil prices extended losses on Tuesday, hitting their lowest levels in more than a week as hopes for a resolution to the U.S.-Iran conflict grew and traders continued to assess developments in the Middle East.Brent crude futures were down $1.75, or 1.98 per cent, at $86.61 by 0739 GMT, after hitting
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Oil at one-week low as US and Iran pause attack; supply tension underpins
July 28 : Oil prices edged lower on Tuesday, hovering around one-week lows amid hopes for a resolution in the U.S.-Iran war, while subdued flow through the Strait of Hormuz and further supply disruption risks underpinned the market.Brent crude futures were down 50 cents, or 0.57 per cent, at $87.86 by 0610 GM
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Oil prices extend decline as US and Iran pause attacks
July 28 : Oil prices extended declines on Tuesday, down by over $1 per barrel amid hopes for a resolution in the U.S.-Iran war which significantly disrupted global energy flows.Brent crude futures were down $1.47, or 1.66 per cent, at $86.89 by 0326 GMT, their lowest since July 20. U.S. West Texas Intermedia
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Oil prices fall 1% as investors weigh pause in US strikes on Iran
July 28 : Oil prices fell 1 per cent on Tuesday as market participants continued to weigh a pause in U.S. strikes on Iran, which has raised hope of a diplomatic solution to their conflict and the normalisation of Middle East energy flows.Brent crude futures were down $0.54, or 0.6 per cent, at $87.82 by…
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Dollar eases as oil prices fall on pause in Middle East conflict
NEW YORK, July 27 : The dollar traded with a softer tone against the euro and the yen on Monday as a pause in U.S. bombing in Iran sent oil prices lower and bolstered risk appetite ahead of a busy week of central bank meetings.The euro rose as much as 0.4 per cent before paring…
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Oil prices fall to one-week low after US pauses attacks on Iran
NEW YORK/LONDON , July 27 : Oil prices fell to a one-week low on Monday after the United States abruptly suspended a campaign of air strikes against Iran over the weekend, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the Strait of Hormuz.Brent cru
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Dollar softer as oil slumps on pause in Middle East conflict
NEW YORK, July 27 : The dollar eased against major currencies on Monday as a pause in U.S. bombing in Iran sent oil prices lower and lifted risk appetite ahead of a busy week of central bank meetings.The euro rose 0.1 per cent to $1.1374, while the U.S. dollar slipped 0.1 per cent to 163.69…
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Oil prices near one-week low after US, Iran pause fighting over weekend
LONDON , July 27 : Oil prices hovered around a one-week low on Monday after the U.S. and Iran paused strikes over the weekend following two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the Strait of Hormuz. Brent crude futures
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Dollar retreats as oil slumps on pause in Middle East conflict
July 27 : The dollar dropped against other major currencies on Monday, as a pause in U.S. bombing in Iran dragged oil prices lower and lifted risk appetite ahead of a busy week of central bank meetings.Against the yen, the U.S. dollar was down 0.1 per cent at 163.645 yen, on course for its sharpest…
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