Tag: oil falls
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Oil falls but head for 8% weekly gain on tight supply; US diesel hits record
HOUSTON, 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 $3.10, or 2.88 per cent, at $1
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Oil falls but on track for sharp weekly gain on supply concerns; US diesel hits record high
HOUSTON, Sept 11 : Oil prices fell on Friday but remained on course for a weekly gain of more than 9 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 $2.46, or 2.29 per cent, at $1
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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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Bonds, stocks selloff pauses as oil falls; pivotal CPI report due
LONDON, Sept 11 : A selloff in global bond and equity markets paused on Friday as oil prices retreated from a four-month high, though the recent surge in energy costs continued to fuel inflation worries and expectations that central banks may need to tighten policy.Brent crude hit a four-month high of $109.97
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Oil falls from recent highs as investors weigh uncertainty over US-Iran strikes
LONDON, Sept 3 : Oil prices edged lower on Thursday as investors weighed the uncertainty of renewed military strikes between the U.S. and Iran that risk disrupting supplies from the Middle East.Brent crude futures fell 56 cents, or 0.6 per cent, to $95.07 a barrel at 0752 GMT, while U.S. West Texas Intermedia
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Oil falls ahead of US announcement of new sanctions on Iran
LONDON, Aug 24 : Oil prices slipped more than $1 a barrel on Monday as investors took profits after recent gains and awaited details of expected new U.S. sanctions on Iran, which could further disrupt supplies from the Middle East.Brent crude futures were down $1.55, or 1.64 per cent, to $92.84 at 0911 GMT, w
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Oil falls on slightly improved flows through Gulf; set for monthly gain
July 31 : Oil prices fell more than 1 per cent on Friday as more supplies flowed through crucial maritime chokepoints, despite a lack of major breakthroughs in talks between the United States and Iran.Oil prices, however, remained on track for a monthly rise.Brent futures were down $1.28, or 1.44 per c
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Oil falls more than $1 on greater flows despite US-Iran war
July 31 : Oil prices fell on Friday but kept on track for a monthly rise of about a fifth, as more supplies flowed through crucial maritime chokepoints, despite a lack of major breakthroughs in talks between the United States and Iran.Brent futures fell $1.03, or 1.2 per cent, to $88 a barrel by 0215…
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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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