Tag: prices rise
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Japanese land prices rise for a fifth year
TOKYO, Sept 15 : Japanese land prices rose 1.5 per cent in the year to July 1, marking a fifth straight year of gains and maintaining the strongest pace of growth since the aftermath of the country’s asset-price bubble more than three decades ago, data showed on Tuesday.While the Bank of Japan has said it…
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Oil prices rise as Middle East conflict escalates
The price of oil returned to triple digits in US dollars, as conflict in the Middle East threatens supply chains and puts a strain on global reserves.
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Oil prices rise to six-week highs on worsening Middle East conflict
NEW YORK, Sept 7 : Oil prices rose to a six-week high on Monday as Iran vowed to strike energy infrastructure across the Middle East in response to further U.S. attacks on its assets, the latest escalation in a conflict that has sharply reduced oil supply from the region.Brent crude futures rose 85 cents, or
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Oil prices rise on escalation in Middle East
LONDON, Sept 3 : Oil prices rose on Thursday after U.S. strikes on Iran and renewed Israeli threats against Tehran revived concerns about disruptions to Middle East supplies.Brent crude futures were up 59 cents, or 0.62 per cent, at $96.22 a barrel by 1327 GMT while U.S. West Texas Intermediate crude futures
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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 prices rise after ship attacks, US-Iran talks deadlock
LONDON, Aug 12 : Oil prices rose in volatile trade on Wednesday after attacks on two ships reinforced worries about disruptions to Middle East supplies and as talks to end the Iran war hit an impasse.Brent futures were up 17 cents, or 0.2 per cent, at $89.08 a barrel by 1055 GMT, heading for a…
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Japan June services producer prices rise as Iran war keeps freight costs high
TOKYO, July 27 : Japan’s services producer price index rose 3.2 per cent in June from a year earlier, central bank data showed on Monday, a sign of broadening inflationary pressure that will keep alive market expectations for further interest rate hikes.The annual rise in the index, which tracks the price com
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Oil prices rise slightly after US announces new round of strikes on Iran
July 22 : Oil prices inched higher in early trading on Wednesday as fears of further supply disruptions intensified after U.S. forces said it began striking Iranian military targets for the 11th straight night and Kuwait reported attacks by Iranian drones. Brent crude futures rose 0.55 per cent, or 50 cents
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Oil prices rise for 4th day as US strikes on Iran raise fears of wider conflict
TOKYO, July 16 : Oil prices rose for a fourth straight day on Thursday after a new wave of U.S. strikes on Iranian military installations fuelled fears of renewed full-scale conflict and supply disruptions in the Strait of Hormuz.The United States struck Iran’s coastal defences and missile sites on Wednesday
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Oil prices rise as hostilities worsen in the Middle East
LONDON, July 15 : Oil extended gains as the U.S. said it had begun a new wave of strikes against Iranian military installations on Wednesday, aiming to limit Tehran’s ability to strike commercial shipping in the Strait of Hormuz.Washington had earlier reimposed a naval blockade of Iranian ports and launched o
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