Tag: oil falls
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Oil falls after OPEC+ agrees to raise output targets
July 6 : Oil prices fell on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the Strait of Hormuz are recovering, potentially adding to global supplies.Brent crude futures fell 41 cents, or 0.57 per cent, to $71.71 a barrel at 0942 GMT after set
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Oil falls by more than 1% after OPEC+ agrees to raise output targets
July 6 : Oil prices fell by more than 1 per cent on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the Strait of Hormuz are recovering, potentially adding to global supplies.Brent crude futures fell $1.02, or 1.41 per cent, to $71.10 a barrel
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Oil falls for a third straight day after US, Iran conclude talks in Doha
July 2 : Oil prices fell for a third consecutive day on Thursday as concerns over supply disruptions eased after Qatar said Iran and the U.S. had made progress in talks over the Strait of Hormuz.Brent futures were 66 cents or 0.92 per cent lower at $70.91 a barrel at 0758 GMT, while U.S. West…
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Oil falls after US, Iran talks conclude in Doha
BEIJING, July 2 : Oil prices dropped in early trade on Thursday after Qatar said Iran and the U.S. had made “positive progress” in indirect talks that concluded on Wednesday, focused on the Strait of Hormuz, which handled one-fifth of global oil supply before the war.Brent futures were down 73 cents, or 1.02
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Oil falls as investors focus on potential Iran-US talks in Doha
June 30 : Oil prices dropped on Tuesday, with investors eyeing the outcome of potential U.S.-Iran talks in Doha amid weekend missile fire from both sides that tested an interim ceasefire to end the four-month-old war.Brent August crude futures, which expire on Tuesday, were down 1.03 per cent, or 75 cents, at
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Oil falls 1% as investors focus on Hormuz flows after peace talks
June 23 : Oil prices fell more than 1 per cent on Tuesday, extending losses from the previous session, on signs of some progress in restoring crude flows through the Strait of Hormuz following U.S.-Iran peace talks.Brent crude futures fell $1.09, or 1.4 per cent, to $76.81 a barrel and U.S. West Texas Interme
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Stocks steady, oil falls as Iran peace talks progress
SYDNEY/LONDON, June 22 : European stocks and U.S. futures steadied while oil prices dipped on Monday after mediators said progress had been made in U.S.-Iran peace talks, helping calm fears the fragile process to end the war was breaking down.Meanwhile, the pound and UK bonds rose after Prime Minister Keir St
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Stocks waver, oil falls as traders weigh fragile Iran peace talks
SYDNEY/LONDON, June 22 : European stocks and U.S. futures fell slightly while oil prices dipped on Monday after Iranian negotiators said progress had been made in peace talks with the United States, helping calm fears the fragile process to end the Iran war was breaking down.Officials from Qatar and Pakistan
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Oil falls after US-Iran talks signal easing supply risks
BENGALURU/LONDON, June 22 : Global oil prices fell on Monday after U.S.-Iran talks concluded in Switzerland with Tehran saying it had secured waivers for oil and petrochemical exports, easing worries about a supply shortage in global markets.Brent crude was down 61 cents at $79.96 a barrel by 0815 GMT. Prices
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Oil falls after US-Iran talks conclude in Switzerland
NEW DELHI, June 22 : Oil prices declined on Monday after U.S.-Iran talks concluded in Switzerland with Tehran saying it had secured waivers for oil and petrochemical exports, easing worries about a supply shortage in global markets.Brent crude fell $1.68, or 2.09 per cent, to $78.89 a barrel by 0633 GMT. Pric
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