Tag: raise supply
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Oil nears $100 as fresh Middle East strikes raise supply risks
NEW DELHI, Sept 9 : Oil prices rose for the fourth straight session, gaining more than $1 in early trade on Wednesday after renewed attacks across the Middle East heightened worries about supply disruptions. Brent crude futures rose 1.4 per cent, to $99.33 a barrel by 0212 GMT, while U.S. West Texas Intermed
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Oil climbs as fading US-Iran peace hopes raise supply risks
Aug 18 : Oil prices rose on Tuesday as a deal to end the Middle East war seemed further out of sight with Iran saying it will adopt a more offensive stance and the U.S. ruling out extending a ceasefire agreement, heightening worries about energy supply.Iran will shift to a “fully offensive” military posture
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