Tag: oil
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Dollar stands tall as new Gulf attacks fuel oil price surge, Fed hike bets
HONG KONG, July 9 : The U.S. dollar held firm against most major currencies on Thursday as renewed attacks by the U.S. and Iran revived safe-haven bids while surging oil prices boosted rate hike bets, keeping the Japanese yen under pressure.The dollar fetched 162.425 yen, hovering near the strongest level in
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Oil rises after US launches fresh strikes on Iran
July 9 : Oil prices rose more than 1 per cent on Thursday after the U.S. carried out fresh strikes on Iran, denting hopes for talks to end their war and for the full reopening of the Strait of Hormuz, a chokepoint for one-fifth of pre-war global oil supplies.Brent crude futures rose 86 cents, or…
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Oil rises after US launches fresh strikes against Iran
BEIJING, July 9 : Oil prices rose on Thursday after the U.S. launched fresh strikes against Iran, denting hopes for an end to the Iran war and for the full reopening of the Strait of Hormuz, a chokepoint for one-fifth of pre-war global oil supplies.Brent crude futures rose 78 cents, or 1 per cent to…
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Dollar stands tall as Gulf tensions fuel oil price surge, Fed hike bets
HONG KONG, July 9 : The U.S. dollar held firm against most major currencies on Thursday as renewed Gulf tensions revived safe-haven bids while surging oil prices boosted rate hike bets, keeping the Japanese yen under pressure.The dollar fetched 162.41 yen, hovering near the strongest level since July 1. The e
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Oil rises more than a dollar per barrel as US launches fresh strikes against Iran
NEW YORK, July 8 : Oil prices rose more than a dollar a barrel in post-settlement trade on Wednesday after the U.S. military began launching fresh strikes on Iran.Both crude benchmarks had settled at their highest in over two weeks after U.S. President Donald Trump threatened fresh strikes against Iran as soo
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LatAm assets slide after Trump says Iran deal ‘over’
July 8 : Latin American assets fell on Wednesday after U.S. President Donald Trump said the interim accord to end the war against Iran was over, sending oil prices higher and denting global risk sentiment.Trump also said that the U.S. was likely to launch more strikes on Wednesday night and take over Iran’s K
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Oil surges, stocks slide as Trump says Iran ceasefire over
US President Donald Trump said the US-Iran ceasefire was “over”, sending oil prices higher amid fears of supply disruptions.
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Oil back at US$80, stocks slide as Trump says Iran ceasefire over
LONDON: Oil prices briefly soared back above US$80 per barrel while stock markets slid Wednesday (Jul 8) after US President Donald Trump said the ceasefire with Iran was over, followi
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LatAm assets slide with global markets after Trump says Iran deal ‘over’
July 8 : Most Latin American assets fell on Wednesday after U.S. President Donald Trump said the interim accord to end the war with Iran was over, sending oil prices higher and denting global risk sentiment. Trump also said that the U.S. was likely to launch more strikes on Wednesday night and take over I
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Palm up over 1%, hitting 2-week high on rival oil, crude oil strength
KUALA LUMPUR, July 8 : Malaysian palm oil futures surged more than 1 per cent on Wednesday, hitting a two-week high, as stronger rival edible oils supported the market and as crude oil prices rose on fresh U.S.-Iran tensions.The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivati
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