Tag: supply concerns
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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 prices rise more than 1% as supply concerns linger
Oct 23 : Oil prices rose over 1 per cent on Friday after Houthi attacks in Saudi Arabia stoked concerns of further disruption to energy supplies from the Middle East. Brent crude futures climbed $1.30, or 1.2 per cent, to $114.47 a barrel as of 0639 GMT, while US West Texas Intermediate crude futures rose…
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Oil prices rise as supply concerns linger amid Houthi attacks on Saudi Arabia
Oct 23 : Oil prices rose on Friday after Houthi attacks in Saudi Arabia stoked concerns of further disruption to energy supplies from the Middle East.Brent crude futures climbed 58 cents, or 0.5 per cent, to $113.75 a barrel as of 0439 GMT, while US West Texas Intermediate crude futures rose 66 cents, or 0.7
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Oil falls as Trump comments on Iran talks ease supply concerns
Oct 9 : Oil prices fell on Friday as Middle East supply concerns eased somewhat after US President Donald Trump said the country will not attack Iran before US elections next month amid productive talks to end their war that has disrupted the market. Brent crude futures fell 72 cents, or 0.7 per cent, to…
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Oil rises as Middle East supply concerns persist amid shipping attacks
Oct 8 : Oil prices rose on Thursday on persistent worries about supply from the key Middle East producing region amid an increase in attacks on shipping in the Gulf and the Strait of Hormuz. Brent crude futures rose $1.33, or 1.33 per cent, at $101.53 a barrel by 0116 GMT. US West Texas Intermediate…
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Oil falls but on track for 8% weekly gain on supply concerns; US diesel hits record high
Sept 11 : Oil prices fell on Friday but remained on course for a weekly gain of more than 8 per cent while U.S. diesel prices hit a record high as attacks along Middle East shipping routes stoked concerns about prolonged supply disruptions.Brent crude futures were down $3.45, or 3.21 per cent, to $104.18 a…
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Oil hits over 3-week high on Middle East supply concerns amid war impasse
LONDON, Aug 20 : Oil prices climbed to more than three-week highs on Thursday, driven by concerns that the impasse in the Iran war will continue to disrupt supply from the key Middle Eastern producing region.Brent crude futures for October delivery were up $2.19, or 2.39 per cent, to $93.81 a barrel at 1257 G
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Oil rises as doubts over US-Iran deal heighten supply concerns
BEIJING, Aug 12 : Oil prices rose on Wednesday morning as doubts about a U.S.-Iran peace deal and attacks on two ships fuelled concerns about Middle East supply disruptions, even as industry data showed U.S. crude inventories expanded.Brent futures gained 72 cents, or 0.81 per cent, to $89.63 a barrel by 0053
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Oil edges higher as breakdown in Iran-US talks raises supply concerns
NEW DELHI, July 1 : Oil prices ticked higher on Wednesday on concerns a breakdown in talks 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 14 cents, or 0.19 per cent, to $73.09 a barrel at 0644…
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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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