[ad_1] Oil prices rise as tensions between Iran and Israel escalate, with concerns about potential disruptions in the Middle East. Gas prices see a slight increase but remain lower than last year. Experts argue that ample supply and tepid demand could keep prices stable. Anticipated Israeli actions on Iranian oil facilities add to geopolitical uncertainty….
[ad_1] MOSCOW: The rouble hit a one-week low past 93 to the dollar on Monday as the Russian market reopened after a deadly shooting rampage near Moscow on Friday evening, with the Russian currency supported by high oil prices and month-end tax payments. Russia lowered flags to half-mast for a day of mourning and charged…
[ad_1] LONDON: Oil prices edged lower on Wednesday after hitting multi-month highs in the previous session, as investors braced for the U.S. Federal Reserve’s interest rate policy announcement later in the day.Brent crude futures for May fell 62 cents, or 0.71%, to $86.76 a barrel by 1028 GMT. U.S. West Texas Intermediate futures for April…
[ad_1] SINGAPORE: Oil prices edged lower on Wednesday, as a stronger dollar curbed investor appetite while traders took some money off the table after benchmarks rallied to multi-month highs in the previous session.Brent crude futures for May delivery fell 16 cents, or 0.2%, to $87.22 a barrel by 0407 GMT. US West Texas Intermediate futures…
[ad_1] NEW DELHI: Oil prices increased on Wednesday on the expectation of strong global demand, including in the United States, the world’s top consumer. US inflation did not affect the anticipation that the Federal Reserve might begin reducing interest rates soon.By 0730 GMT, Brent futures for May rose 0.3% to $82.20 a barrel, an increase…
[ad_1] SINGAPORE: Oil prices rose in Tuesday trade as geopolitical tensions in the Middle East continued to spur concern, but gains were limited on bearish demand sentiments and as the market waited for monthly reports from oil agencies. Brent futures for May delivery was up 26 cents, or 0.3%, to $82.47 a barrel by 0408…
[ad_1] TOKYO/NEW DELHI: Oil prices extended last week’s losses on Monday on concern about slow demand in China, although lingering geopolitical risk surrounding the Middle East and Russia limited the decline. Brent futures fell 12 cents, or 0.2%, to $81.96 a barrel as at 07.23 GMT, while US West Texas Intermediate (WTI) dropped 21 cents,…
[ad_1] Oil prices fell slightly on Wednesday as concerns about demand growth in China, the world’s biggest crude importer, clashed with signs of supply tightness amid output cuts by major producers. Prices were also supported by a weaker US dollar which helps demand for buyers paying in other currencies. Brent crude futures fell 13 cents…
[ad_1] SINGAPORE: Oil prices were on track on Friday to snap a two-week winning streak after the US central bank indicated interest rate cuts could be delayed by at least two more months, but indications of healthy fuel demand and supply concerns could revive prices in coming days. Brent crude futures were down 44 cents,…
