Tag: oil rises
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Oil rises over 2% as US and Iran resume military attacks
LONDON, Aug 31 : Oil prices rose more than 2 per cent on Monday after the U.S. attacked an Iranian island in the Strait of Hormuz and Tehran said it had retaliated, as their conflict extended into its sixth month.Brent crude futures were up $2.35, or 2.67 per cent, to $90.45 a barrel at 1306…
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Oil rises over 3% as US and Iran resume military attacks
LONDON, Aug 31 : Oil prices rose more than 3 per cent on Monday after the U.S. attacked an Iranian island in the Strait of Hormuz and Tehran said it had retaliated, as their conflict extended into its sixth month.Brent crude futures were up $2.87, or 3.26 per cent, to $90.97 a barrel at 1120…
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Oil rises over 3% as US, Iran resumes military attacks
LONDON, Aug 31 : Oil prices rose more than 3.5 per cent on Monday after the U.S. attacked an Iranian island in the Strait of Hormuz and Tehran said it had retaliated, as their conflict extended into its sixth month.Brent crude futures were up $3.15, or 3.58 per cent, to $91.25 a barrel at 0903…
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Oil rises as US, Iran resume military attacks
LONDON, Aug 31 : Oil prices were trading nearly 2 per cent higher on Monday after the U.S. attacked an Iranian island in the Strait of Hormuz and drew retaliation from Tehran, as their conflict extended into its sixth month.Brent crude futures climbed $1.77, or 2 per cent, to $89.87 a barrel by 0733 GMT…
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Stocks stagger and oil rises as traders eye Iran threat, Nvidia results
HONG KONG: Asian stocks fluctuated on Tuesday (Aug 25) while oil edged up as investors assess a US plan for the “economic asphyxiation” of Iran, while tech firms struggled following another down day on Wall Street and ahead o
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Oil rises as Trump threatens sanctions on Iran partners
HOUSTON, Aug 21 : International and U.S. crude futures rose on Friday after U.S. President Donald Trump threatened economic sanctions on Iran’s trading partners, raising expectations of tighter supply in the coming weeks.International benchmark Brent crude futures rose 8 cents, or 0.09 per cent, to $9
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Oil rises as US-Iran peace hopes fade
NEW YORK, Aug 18 : Oil prices were slightly higher on Tuesday, gaining for a third straight session, as prospects for a U.S.-Iranian peace deal dimmed after Tehran said it would adopt a more offensive stance and Washington ruled out extending a ceasefire deal. Brent crude futures were up 36 cents, or 0.4 p
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Oil rises on Iran war stalemate; near-term potential for further gains seen limited
Aug 17 : Oil prices rose on Monday on a lack of progress in diplomatic efforts to resolve the Middle East conflict, though the absence of major supply outages limited gains.Brent crude futures were up 92 cents, or 1.04 per cent, at $89.44 by 1002 GMT after hitting a session high of $89.68. U.S. West…
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Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
Aug 14 : Oil prices rose on Friday and were on track for weekly gains after the United States threatened an indefinite naval blockade of Iran, raising concerns about disruptions to crude supplies from the Middle East.Brent futures were up $1.43, or 1.64 per cent, to $88.50 a barrel at 0810 GMT, while U.S. Wes
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Oil rises after US threatens indefinite blockade of Iran
NEW DELHI, Aug 14 : Oil prices gained on Friday after the United States threatened an indefinite naval blockade of Iran, reviving concerns about supply of crude after the previous session’s fall on a weaker outlook for demand and a large build in U.S. stocks.Brent futures rose 90 cents, or 1.03 per cent, to $
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