Tag: brent heads
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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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