Auto Added by WPeMatico
(Reuters) – Oil prices inched up on Friday after the U.S. and Iran stepped up attacks across the Gulf, with their broken truce limiting oil flows out of the Strait of Hormuz and with Tehran asking the Houthi organisation to stand ready to shut the Red Sea export route. Brent crude futures rose 7 cents, or about …
Oil Rises on Intensifying US-Iran Hostilities, Threat of Red Sea Closure Read More »
Summary US launches multiple strikes on Iran, which retaliates Fewer vessels travel through Hormuz as US, Iran continue strikes Brent and WTI remain close to one-month high July 16 (Reuters) – Oil prices eased on Thursday as traders weighed escalating tensions between the United States and Iran and the risks to oil supplies moving through …
Oil Eases as Traders Weigh US-Iran Conflict Risks Read More »
Summary Brent and WTI at its highest level since mid June U.S. military renews strikes on Iran while tankers come under attack in Strait of Hormuz UAE says Iranian missiles struck oil tankers in Strait of Hormuz, one sailor killed China’s June oil imports hit near 10-year low amid Iran war (Reuters) – Oil …
Oil Hits Four-Week High as US-Iran Conflict Escalates Read More »
Summary Hormuz traffic slows to multi-week low on renewed conflict Iran expands attacks on Gulf states after US strikes, says Strait of Hormuz closed Trump says Strait of Hormuz open to commercial traffic UAE’s ADNOC lowers Murban crude selling price for August (Reuters) – Oil prices surged more than 2% on Monday after renewed military …
Oil Gains Over 2% as Fresh Military Srikes Threaten Hormuz Shipments Read More »
Summary US military carries out strikes on Iran, prompting Iranian attacks on Kuwait and Bahrain Some war insurers advise shipowners to pause Hormuz voyages, sources say Analyst says Brent will probably trade in a $75–85 range over the next month July 9 (Reuters) – Oil prices fell on Thursday as markets assessed the impact of …
Oil Prices fall as Markets Weigh Impact of US Strikes on Iran Read More »
Oil gained following attacks on vessels in the Strait of Hormuz, highlighting continued risks to traffic in the waterway. Brent rose toward $73 a barrel, while West Texas Intermediate was above $69. A tanker traveling south reported being hit about 8 nautical miles east of Limah, Oman, causing a fire, UK Maritime Trade Operations said. The vessel …
Oil Climbs as Fresh Tanker Strike Highlights Risks Around Hormuz Read More »
Summary Benchmarks touched pre-war lows on Thursday Saudi Aramco shifts to spot sales in Asia Brent spread contango signals fading shortage concerns CALGARY/LONDON (Reuters) – Oil prices were little changed for the week as traders held on to hopes for a successful outcome from attempts to secure peace between the U.S. and Iran. Brent …
Oil Prices Little Changed for Week as US-Iran Peace Efforts Hold Read More »
(Reuters) – Oil prices were steady on Friday and little changed for the week as traders held on to hopes that attempts to secure peace in the Middle East between the United States and Iran would succeed. Brent futures were up 17 cents, or 0.24%, to $71.97 a barrel at 0932 GMT. West Texas Intermediate was …
Tehran says U.S. team to meet mediators in Doha, not with Iranian officials U.S. crude inventories fell by 6.1 million barrels last week, API data showed July 1 (Reuters) – Oil prices fell more than 1% on Wednesday as talks between Iran and the U.S. aimed at reaching a final agreement to end their war continued and …
Oil Falls Over 1% as Markets Await Outcome of Iran-US Talks, US Stocks Data Read More »
U.S. President Donald Trump said on Monday gasoline retailers must get prices down immediately and warned that there will be “big problems” ahead if they did not do so. Here are details: * “Gasoline Retailers must get their Prices down, IMMEDIATELY,” Trump wrote on Truth Social. * “There will be no gauging, which is …
Trump Urges Gasoline Retailers to Lower Prices, Warns of ‘Big Problems’ If They Don’t Read More »
