Tag: oil
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Brent falls as Israel, Hezbollah agree to ceasefire
BENGALURU/LONDON, June 19 : Brent crude fell on Friday after Israel and Hezbollah agreed to a ceasefire, easing concerns over disruptions to Middle East oil supplies and raising hopes of broader de-escalation involving the United States and Iran.Brent crude futures were down 85 cents, or 1.1 per cent, at $79
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Diezani Alison-Madueke: UK law enforcement destroyed my reputation, ex-Nigeria minister tells BBC
Diezani Alison-Madueke was cleared of taking bribes from wealthy oil executives after six-month trial.
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Brent heads for more than 8% weekly loss as traders weigh US-Iran truce outlook
BENGALURU/LONDON, June 19 : Brent crude steadied on Friday but held on track for a more than 8 per cent weekly decline, as traders weighed up fading prospects for a lasting U.S.-Iran truce after talks were called off and Israel escalated attacks in Lebanon.Brent crude futures were up 9 cents, or 0.1 per cent,
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Brent heads for 9% weekly loss as traders weigh US-Iran truce outlook
BENGALURU/LONDON, June 19 : Brent crude was set for a 9 per cent weekly decline on Friday as traders weighed fading U.S.-Iran truce prospects after talks were called off and Israel escalated attacks in Lebanon.Brent crude futures were down 24 cents, or 0.3 per cent, to $79.61 a barrel by 1100 GMT. The contrac
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Brent heading for over 8% weekly loss as traders weigh US-Iran truce outlook
BENGALURU/LONDON, June 19 : Brent crude steadied on Friday but remained set for a more than 8 per cent weekly decline as traders weighed fading U.S.-Iran truce prospects after talks were called off and Israel escalated attacks in Lebanon.Brent crude futures were little changed at $79.78 a barrel by 0820 GMT.
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Oil rises as uncertainty mounts over US-Iran truce
NEW DELHI, June 19 : Oil prices rose on Friday as the prospect of a lasting truce between the U.S. and Iran was clouded after peace talks in Switzerland were called off and as Israel stepped up attacks on Lebanon. By 0645 GMT, Brent crude futures gained 51 cents, or 0.64 per cent, to $80.36…
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Oil falls as supply moves through Strait of Hormuz after Iran war pact
NEW DELHI, June 19 : Oil prices fell on Friday as prospects brightened for more supply after oil tankers began moving through the reopening Strait of Hormuz following a peace deal between the United States and Iran.By 0328 GMT, Brent crude futures fell 43 cents, or 0.54 per cent, to $79.42 a barrel and U.S.…
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Japan, South Korea stocks hit records as oil prices fall
Oil tankers have started sailing through the Strait of Hormuz after the United States lifted its blockade on Iran on Thursday as an interim deal to end the three-month war took effect.
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Oil nations on edge in the face of new climate coalition
Even amid an ongoing energy crunch, major economies are dodging firm timelines to phase out coal, oil and gas. Fossil fuel-producing nations now fear new clean energy alliances could ramp up the pressure to go green.
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Oil falls to lowest since start of Iran war after ceasefire deal signed
LONDON, June 18 : Oil prices fell 2 per cent on Thursday to their lowest since the first trading day of the Iran war, as a U.S.-Iran interim deal to end the war, reopen the Strait of Hormuz and ease sanctions on Tehran boosted the global supply outlook. Brent crude futures were down $1.59, or…
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