Tag: weekly gain
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Oil falls but on track for 8% weekly gain on supply concerns; US diesel hits record high
Sept 11 : Oil prices fell on Friday but remained on course for a weekly gain of more than 8 per cent while U.S. diesel prices hit a record high as attacks along Middle East shipping routes stoked concerns about prolonged supply disruptions.Brent crude futures were down $3.45, or 3.21 per cent, to $104.18 a…
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Oil heads for weekly gain as US-Iran fighting resumes; diesel hits record high
Sept 4 : Oil prices were on course to gain more than 6 per cent for the week as the United States and Iran resumed military exchanges in the seventh month of their conflict, while U.S. diesel prices hit a record high.Brent crude futures were up 6.1 per cent for the week and U.S. West…
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Oil prices set for weekly gain as US-Iran hostilities intensify
Sept 4 : Oil prices eased on Friday but were still headed for a weekly gain as rising U.S.-Iran tensions heightened concerns over Middle East supply risks.Brent crude futures were down 47 cents or 0.49 per cent at $95.05 a barrel by 0813 GMT, while U.S. West Texas Intermediate crude futures lost 64 cents, or
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Shares set for weekly gain, FX, bonds await Warsh’s Jackson Hole debut
LONDON/SYDNEY, Aug 28 : Oil prices were heading for their first weekly fall in three weeks on Friday, helping lift global stocks as investors weighed developments in the Gulf and awaited potentially market-moving remarks from Federal Reserve Chair Kevin Warsh.Brent fell 0.6 per cent to $89.2 a barrel, near th
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Dollar heads for weekly gain as Warsh remarks awaited
Aug 28 : The U.S. dollar held firm near a one-week high against major peers on Friday, as investors stood on the sidelines ahead of Federal Reserve Chairman Kevin Warsh’s speech at the Jackson Hole symposium.Warsh’s debut speech in Wyoming is slated for 1400 GMT. Inflation has remained persistently above 2 pe
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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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