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Oil extends gains on escalation in Middle East tensions

SINGAPORE (Reuters) -Oil prices extended gains on Thursday, after rising 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 30 cents, or 0.3%, to $90.78 a barrel by 0325 GMT, while U.S. West Texas Intermediate crude futures rose 25 cents, or 0.3%, to $86.46 a barrel. Both contracts rose more than 1% in the prior session after three sons of a Ha...
United States New York Israel General Emily Chow Antony Blinken Shariq Khan
Source: yahoo.com

Asian Stocks Fall, Dollar Rallies on US Price Data: Markets Wrap

(Bloomberg) — Stocks in Asia fell after higher-than-expected US inflation data supported the view the Federal Reserve may keep interest rates higher for longer. Equity benchmarks in Japan and Australia and share futures for Hong Kong all slipped, mirroring selling on Wall Street on Wednesday. The S&P 500 fell 1% and the Nasdaq 100 dropped…
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Oil Prices Edge Up On Escalation In Middle East Tensions

Oil prices edge up on escalation in Middle East tensions By Emily Chow SINGAPORE (Reuters) -Oil prices ticked up during trade on Thursday, after rising 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…
United States New York Israel General Yeap Jun Rong Daniel Hynes Christopher Cushing

Oil Extends Gains on Escalation in Middle East Tensions

Oil prices extended gains on Thursday, after rising 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 30 cents, or 0.3%, to $90.78 a barrel by 0325 GMT, while US West Texas Intermediate crude futures rose 25 cents, or 0.3%, to $86.46 a barrel, Reuters reported.
United States Israel General Antony Blinken Daniel Hynes Yeap Jun Rong Organization Of The Petroleum Exporting Countries
Source: aawsat.com

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