Tag: oil slips
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Stocks rise and oil slips on Middle East diplomacy efforts ahead of Big Tech earnings
Oct 27 : Global stocks rose and oil prices slipped on Tuesday as investors weighed efforts to end the Middle East conflict ahead of US Big Tech earnings, seen as a key test of AI trade, and central bank meetings that could shape the near-term outlook for interest rates.Iran’s supreme leader met with the count
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Oil slips 1% as Iran diplomacy eases supply fears
NEW DELHI, Oct 27 : Oil prices edged lower on Tuesday, falling about 1 per cent as prospects for a resolution of the US-Israeli war on Iran kept supply fears at bay with talks in Tehran, despite renewed Houthi attacks on Saudi Arabia.Brent crude futures were down $1, or 0.86 per cent, at $114.81 a…
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Oil slips from near six-months highs despite supply concerns
BEIJING, Oct 26 : Oil prices fell on Monday after surging to near six-month highs late last week, although ongoing attacks on Saudi Arabia kept supply concerns in focus.US crude futures were down $1.60, or 1.55 per cent, at $101.67 per barrel by 0018 GMT. Brent crude futures were down $1.56 or 1.34 per cen
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Oil slips from five-month highs with Hormuz crossings, Russian sanctions waiver in focus
NEW YORK, Oct 19 : Oil prices slipped more than $1 on Monday as investors took profits after prices climbed to multi-month highs last week, while keeping a close watch on conflicts in the Middle East and Ukraine and assessing the impact of U.S. waivers on some sanctions and tariffs affecting Russian exports.B
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Oil slips from five-month high with Hormuz transits in focus
LONDON, Oct 19 : Oil prices slipped on Monday as investors booked profits from the multi-month highs hit at the end of last week, with the focus remaining on the potential for the conflicts in the Middle East and Ukraine to alter the global oil supply-demand balance. Brent crude futures fell $1.34, or 1.22 p
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Tech leads shares higher in Asia as oil slips
SYDNEY, Sept 21 : Share markets edged higher in Asia on Monday as AI’s insatiable demand for data buoyed chipmakers, and oil eased on reports more oil was finding its way out of the Middle East than previously thought despite the ongoing conflict in the Gulf.Trade was thin with Japan on its Silver Week holida
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Oil slips as Saudi Arabia offers more crude via Oman; diesel near record high
Sept 16 : Oil prices fell on Wednesday as reports that Saudi Arabia was offering additional crude cargoes via Oman eased concerns about the scale of Middle East supply disruptions, while European diesel prices hovered near a record high.Brent crude futures were down 59 cents, or 0.54 per cent, to $108.16 a b
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Oil slips as Saudi Arabia offers more crude via Oman
Sept 16 : Oil prices fell on Wednesday as reports that Saudi Arabia was offering additional crude cargoes via Oman eased concerns about the scale of Middle East supply disruptions.Brent crude futures were down 83 cents, or 0.76 per cent, to $107.92 a barrel at 0801 GMT, while U.S. West Texas Intermediate futu
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Stocks rise and oil slips as traders eye Iran threat, Nvidia results
HONG KONG: Stocks rose and oil dipped on Tuesday (Aug 25) as investors assessed a US plan for the “economic asphyxiation” of Iran, while tech firms struggled following another down day on Wall Street and ahead of earnings from chip titan Nvidia.With the war against Tehran in its sixth month, Treasury Secretar
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Oil slips ahead of US announcement of new sanctions on Iran
NEW YORK, Aug 24 : Oil prices fell more than $2 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 $1.71, or 1.81 per cent, to $92.69 at 12:48 p.m.…
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