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Oil consolidates gains amid concerns of worsening Middle East crisis

Oil prices held steady in early Asian trading on Thursday after gaining a dollar a barrel in the prior session as investors braced for a worsening of the Middle East crisis, potentially involving Iran, the third-largest oil producer in OPEC. Brent crude futures advanced by 4 cents to $90.52 a barrel by 0047 GMT, while U.S. West Texas Intermediate crude futures were up 2 cents at $86.24 a barrel. Both contracts rose more than 1% in the prior session after three sons of a Hamas leader were kille...
United States Israel General New York Antony Blinken Shariq Khan Daniel Hynes
Source: yahoo.com

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Oil heads for second weekly gain on geopolitical tension, supply concerns

SINGAPORE :Oil prices extended gains on Friday and headed for a second weekly gain, supported by geopolitical tensions in Europe and the Middle East, concerns over tightening supply, and optimism about global fuel demand growth as economies improve. Brent crude climbed 40 cents, or 0.4 per cent, to $91.05 a b
United Arab Emirates United States Soni Kumari Daniel Hynes Organization Of The Petroleum Exporting Countries Jp Morgan

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