Tag: extend decline
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Dollar eases from seven-week peak as oil prices extend decline
HONG KONG, Sept 17 : The dollar clung to a seven-week high on Thursday after the Federal Reserve raised interest rates and flagged more hikes in the coming months, with traders now zeroing in on how central banks in the UK and Japan will respond to inflation pressures.The dollar ripped higher alongside US Tre
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Oil prices extend decline as US and Iran pause attacks
July 28 : Oil prices extended declines on Tuesday, down by over $1 per barrel amid hopes for a resolution in the U.S.-Iran war which significantly disrupted global energy flows.Brent crude futures were down $1.47, or 1.66 per cent, at $86.89 by 0326 GMT, their lowest since July 20. U.S. West Texas Intermedia
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Oil prices extend decline on expectations of smoother crude flows via Hormuz
TOKYO, June 24 : Oil prices fell on Wednesday, extending this week’s losses and trading near four-month lows hit in the previous session, on signs that more oil tankers stranded in the Gulf since the start of the Iran war are set to move out of the Strait of Hormuz. Brent crude futures were down…
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