Tag: prices climb
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Oil prices climb as Iran deploys new tactics to target ships transiting Hormuz
TOKYO, Oct 14 : Oil prices climbed on Wednesday after two vessels were struck in the Strait of Hormuz and Iranian officials told Reuters they were deploying new tactics to target ships, as Tehran seeks to keep oil prices high and influence the US midterm elections.Brent crude futures rose 63 cents, or 0.6 per
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Oil prices climb as traders weigh Saudi supply risk, Russian diesel flow
TOKYO, Oct 14 : Oil prices climbed on Wednesday as traders weighed supply risk from fighting between Yemen’s Iran-allied Houthis and Saudi Arabia against the prospect of increased diesel from Russia.Brent crude futures rose 89 cents, or 0.8 per cent, to $106.58 a barrel by 0030 GMT, while US West Texas Interm
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Oil prices climb over 2% after strikes on Saudi pipeline and ships in Middle East
NEW YORK, Sept 14 : Oil prices climbed over 2 per cent on Monday as worries about energy supplies mounted following new strikes on Saudi Arabian energy infrastructure and attacks on ships in the Middle East.Brent futures rose $2.72, or 2.6 per cent, to $107.33 per barrel at 11:39 a.m. EDT (1539 GMT). U.S. We
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Oil prices climb as US strikes on Iran fuel fears truce is unravelling
TOKYO, July 8 : Oil prices climbed nearly 2 per cent on Wednesday after the U.S. military launched airstrikes against Iran and reimposed crude sales sanctions, raising fears their fragile truce was unravelling and Middle East supplies could be disrupted again. The U.S. airstrikes were in response to Iranian a
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Oil prices climb more than $4 after Israeli strikes on Iran and Lebanon
PERTH/ BEIJING, June 8 : Oil prices jumped more than $4 on Monday, with investors spooked by fresh Israeli strikes on Iran as well as renewed attacks on Lebanon a day earlier. Brent crude futures rose $4.42 or 4.47 per cent to $97.15 a barrel as of 0609 GMT, while U.S. crude futures were up…
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Oil prices climb more than $3 after Israeli strikes on Lebanon
PERTH/ BEIJING, June 8 : Brent oil prices jumped more than $3 a barrel on Monday, initially spooked by Israel’s launch of renewed strikes on Lebanon a day earlier, but also gaining further steam after sounds of explosions were heard in Iran.Sounds of blasts were heard – in Tehran, Tabriz and Isfahan, local me
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