Tag: oil steady
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Oil steady on Iran war stalemate
HOUSTON, Aug 17 : Oil prices were steady on Monday on a lack of progress in diplomatic efforts to resolve the Iran war, with investors wary of U.S. President Donald Trump’s latest comments demanding that Iran surrender while also threatening to bomb Oman.Brent crude futures were up 6 cents, or 0.07 per cent,
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Oil steady as Iran tempers hopes for swift Hormuz reopening
NEW DELHI/PERTH, Aug 10 : Oil prices were little changed on Monday after surrendering earlier gains, as optimism over talks to reopen the Strait of Hormuz was tempered by Iran’s insistence that the United States satisfy several demands before the waterway could reopen.Brent crude futures stood at $83.54 a bar
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