Tag: prices rise
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Oil prices rise on escalation in Middle East
LONDON, Sept 3 : Oil prices rose on Thursday after U.S. strikes on Iran and renewed Israeli threats against Tehran revived concerns about disruptions to Middle East supplies.Brent crude futures were up 59 cents, or 0.62 per cent, at $96.22 a barrel by 1327 GMT while U.S. West Texas Intermediate crude futures
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Oil prices rise as latest fighting resurrects Middle East supply disruption risks
Sept 1 : Oil prices gained on Tuesday as the resumption of fighting between the U.S. and Iran in the Middle East renewed fears of supply disruptions from the world’s key crude-producing region. Brent crude futures were up 56 cents, or 0.6 per cent, to $91.05 a barrel at 0044 GMT, while U.S. West Texas…
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Oil prices rise after ship attacks, US-Iran talks deadlock
LONDON, Aug 12 : Oil prices rose in volatile trade on Wednesday after attacks on two ships reinforced worries about disruptions to Middle East supplies and as talks to end the Iran war hit an impasse.Brent futures were up 17 cents, or 0.2 per cent, at $89.08 a barrel by 1055 GMT, heading for a…
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Japan June services producer prices rise as Iran war keeps freight costs high
TOKYO, July 27 : Japan’s services producer price index rose 3.2 per cent in June from a year earlier, central bank data showed on Monday, a sign of broadening inflationary pressure that will keep alive market expectations for further interest rate hikes.The annual rise in the index, which tracks the price com
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Oil prices rise slightly after US announces new round of strikes on Iran
July 22 : Oil prices inched higher in early trading on Wednesday as fears of further supply disruptions intensified after U.S. forces said it began striking Iranian military targets for the 11th straight night and Kuwait reported attacks by Iranian drones. Brent crude futures rose 0.55 per cent, or 50 cents
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Oil prices rise for 4th day as US strikes on Iran raise fears of wider conflict
TOKYO, July 16 : Oil prices rose for a fourth straight day on Thursday after a new wave of U.S. strikes on Iranian military installations fuelled fears of renewed full-scale conflict and supply disruptions in the Strait of Hormuz.The United States struck Iran’s coastal defences and missile sites on Wednesday
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Oil prices rise as hostilities worsen in the Middle East
LONDON, July 15 : Oil extended gains as the U.S. said it had begun a new wave of strikes against Iranian military installations on Wednesday, aiming to limit Tehran’s ability to strike commercial shipping in the Strait of Hormuz.Washington had earlier reimposed a naval blockade of Iranian ports and launched o
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Oil prices rise 1% as hostilities worsen in the Middle East
LONDON, July 15 : Oil extended gains by around 1 per cent on Wednesday as President Donald Trump reimposed a naval blockade on all Iranian ports and Iran’s Islamic Revolutionary Guard Corps threatened to close “all other export corridors that benefit the U.S. and its allies”.Brent futures gained 69 cents, or
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Oil prices rise 2% as hostilities worsen in the Middle East
LONDON, July 15 : Oil extended gains by around 2 per cent on Wednesday as President Donald Trump reimposed a naval blockade on all Iranian ports and Iran’s Islamic Revolutionary Guard Corps threatened to close “all other export corridors that benefit the U.S. and its allies”.Brent futures climbed $1.71, or 2
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Oil prices rise as breakdown in Iran-US talks raises supply concerns
NEW DELHI, July 1 : Oil prices rose on Wednesday on concerns breakdowns in discussions between Iran and the U.S. for a final agreement to end their war may extend supply disruptions in the key Middle East producing region.Brent futures rose 33 cents, or 0.45 per cent, to $73.28 a barrel at 0339 GMT, while…
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