Tag: oil falls
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Oil falls as Russian diesel supply prospects counter Gulf supply risks
Oct 12 : Oil prices fell on Tuesday and were on track for their first decline in nearly a week, as traders assessed supply risks from attacks on Saudi Arabia while weighing the prospect of additional diesel supplies from Russia.Brent crude futures dropped $1.18, or 1.1 per cent, to $105.47 a barrel by 0625 GM
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Oil falls as Russia diesel supply prospects counter Gulf supply risks
Oct 12 : Oil prices fell on Tuesday and were on track for their first decline in nearly a week, as traders assessed supply risks from attacks on Saudi Arabia while weighing the prospect of additional diesel supplies from Russia.Brent crude futures fell $1.30, or 1.2 per cent, to $105.35 a barrel by 0329 GMT,
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Oil falls on hopes Russia-Ukraine energy ceasefire will boost supplies
NEW DELHI, Oct 12 : Oil prices slipped on Monday on expectations of more Russian supplies after US President Donald Trump said Ukraine and Russia had agreed to halt attacks on each other’s energy facilities following a US diesel-supply deal with Moscow.Brent crude futures fell 11 cents, or 0.11 per cent, to $
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Oil falls as Trump comments on Iran talks ease supply concerns
Oct 9 : Oil prices fell on Friday as Middle East supply concerns eased somewhat after US President Donald Trump said the country will not attack Iran before US elections next month amid productive talks to end their war that has disrupted the market. Brent crude futures fell 72 cents, or 0.7 per cent, to…
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Oil falls about 3% on talks over diesel, crude stock releases
LONDON, Oct 2 : Oil prices fell about 3 per cent and European gasoil futures dropped over 5 per cent on Friday after reports of talks on additional diesel and crude stock releases, easing concerns over tight global energy supplies.Brent fell $2.83, or 2.77 per cent, to $99.48 a barrel at 0842 GMT. West Texas
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Oil falls on increased Gulf supply and hopes for US-Iran talks
PERTH, Sept 23 : Oil prices drifted lower on Wednesday as Saudi Arabia began restoring crude supply on a critical pipeline to the Red Sea and on hopes for a diplomatic solution to the US-Iran war through talks at the UN in New York.Brent crude futures fell 7 cents, or 0.07 per cent, to $99.18…
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Oil falls to two-week low as Gulf supply outlook improves
LONDON, Sept 22 : Oil prices fell to a two-week low on Tuesday as prospects for increased oil supplies from the Gulf eased market concerns, with Iran signaling it could reopen the Strait of Hormuz within seven days and Saudi Arabia set to resume exports from its Red Sea port of Yanbu.The Brent crude futures…
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Oil falls 1% after reports suggest Iran could reopen Hormuz within seven days
LONDON, Sept 22 : Oil prices fell on Tuesday after reports that Iran said it could reopen the Strait of Hormuz within seven days if the US takes initial steps to ease military pressure, easing concerns over disruptions to a key global oil shipping route.The Brent crude futures November contract fell 89 cents,
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Stocks rise as oil falls, bonds steady ahead of Fed decision
Sept 16 : Global stocks advanced on Wednesday as recent rises in government bond yields and oil prices stalled ahead of a key U.S. Federal Reserve interest-rate decision later in the day.MSCI’s global equities index gained 0.2 per cent after falling in the previous two sessions. An index of Asia-Pacific shar
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Oil falls as US crude inventories rise despite Saudi supply concerns
BEIJING, Sept 16 : Oil prices fell on Wednesday after an unexpected build in U.S. crude inventories, while investors assessed supply risks after Saudi Arabia suspended oil loadings at its Yanbu port following an attack on its East-West pipeline to the Red Sea.Brent crude futures fell 93 cents, or 0.86 per cen
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