Tag: weekly gain
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Oil set for second weekly gain as US ramps up pressure on Iran
Aug 21 : Oil prices edged lower on Friday but were on track for a second straight weekly gain after the United States threatened to impose “the toughest sanctions in history” with no end in sight for disruptions to Middle East oil flows.Brent crude futures fell 17 cents, or 0.18 per cent, to $93.61 a…
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Dollar set for weekly gain as traders eye Iran talks, US jobs data
TOKYO, Aug 7 : The dollar headed for a weekly gain against major peers on Friday as doubts about an Iran peace deal buoyed the U.S. currency’s safe-haven appeal.The greenback also drew support from higher Treasury yields after a Financial Times report citing sources close to Federal Reserve Chair Kevin Warsh
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Oil heads for weekly gain as Middle East supply risks persist
NEW DELHI, July 10 : Oil prices rose on Friday and were set for weekly gains because of renewed fears of supply disruptions from the key Middle East producing region after renewed fighting between the U.S. and Iran this week curtailed shipping in the Strait of Hormuz.Brent futures were up 19 cents, or
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