Page 7 - Daniel Hynes News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 killed in an Israeli airstrike in Gaza, feeding worries that ceasefire talks between the two sides might ...

Heavy oil supply has also tightened globally after Mexico and the United Arab Emirates cut exports of these grades

US economy added 303,000 jobs last month, which may delay Federal Reserve interest rate cuts

Brent crude settled at $91.17 a barrel, up 52 cents, or 0.57%. U.S. West Texas Intermediate crude finished at $86.91 a barrel, up 32 cents, or 0.37%.

The Brent and U.S. West Texas Intermediate crude oil benchmarks rose more than $1 a barrel during trade on Friday as...