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Oil prices rise after fresh wave of attacks between U.S. and Iran
West Texas Intermediate and Brent crude’s front month contracts both climbed a as hopes for a peace deal became clouded again.
Oil prices drop after Trump tries to reassure traders that peace deal is coming
West Texas Intermediate and Brent crude’s front-month contracts both edged lower after hitting monthly highs during Monday’s session.
Oil prices rise after Iran fires missiles at Israel, escalating regional tensions
Oil prices rose on Monday amid heightened tensions in the Middle East after Iran fired missiles at Israel, raising concerns that the conflict may drag on. International benchmark Brent crude futures for July gained 2.42% to $92.73 a barrel. U.S. West Texas Intermediate futures for August advanced 2.44% to $95.36 per barrel.
Oil jumps 2% as Israel expands Lebanon offensive, rattling ceasefire hopes
Oil prices rose Monday after Israel ordered troops to push deeper into Lebanon, renewing concerns that clashes with the Iran-backed Hezbollah group could threaten a fragile ceasefire between Washington and Tehran. Brent crude futures, the international benchmark, gained 2.45% to $93.35 a barrel. West Texas Intermediate futures added 2.8% to $89.78 per barrel.
Oil prices fall 3% on report Trump reluctant to restart Iran war
Crude oil prices fell about 3% Thursday, on a report that President Donald Trump is reluctant to resume full-scare war with Iran despite recent clashes. West Texas Intermediate futures fell 3.5% to $92.64 per barrel by 8:30 a.m. Brent futures, the international benchmark, were down more than 3% at $94.78 per barrel.
Oil prices climb as Israel expands military operation in Lebanon
Oil prices rose on Monday morning after Israel stepped up its military operation in Lebanon. Crude prices climbed in early Asian trading on Monday after Israeli troops pushed further into Lebanon over the weekend, fuelling investor fears that the broader Middle East conflict could escalate rather than move towards a peace deal. At the time of writing, West Texas Intermediate (WTI) crude was up 2.88% at $89.88 per barrel, while Brent crude rose 2.43% to $93.33 per barrel.
Oil climbs as U.S.-Iran trade strikes while Trump says negotiations with Tehran underway
Oil prices rose Wednesday as investors weighed uncertainty over U.S.-Iran talks with the two countries launching fresh strikes Tuesday, even as President Donald Trump said negotiations with Tehran were ongoing. West Texas Intermediate futures for July delivery gained over 1% to $94.81, while the international benchmark Brent crude for August delivery advanced 0.88% to $96.84 per barrel. U.S. Central Command said Tuesday that it had defeated multiple Iranian ballistic missiles and drones and...
Oil rises slightly as investors await clarity after Iran-Israel halt attacks
Oil rises slightly as investors await clarity after Iran-Israel halt attacks June 9 : Oil prices inched up in early trade on Tuesday after Iran and Israel left the door open to a possible resumption of attacks on each other, though they had called a halt to hostilities following an appeal from U.S. President Donald Trump. Brent crude futures rose 13 cents, or 0.14 per cent, to $94.38 a barrel at 0001 GMT, while U.S. West Texas Intermediate were up 11 cents, or 0.12 per cent, at $91.41 a...
Oil prices today: Crude falls as Hezbollah rejects US-backed ceasefire
Oil prices fell slightly on Friday as hopes for a ceasefire in the Middle East faded following Hezbollah's rejection of a US-backed proposal in Lebanon. Brent crude slipped 0.22% to $95.24 a barrel, while US West Texas Intermediate (WTI) crude fell 0.11% to $92.94 a barrel in early trade. Despite Friday's decline, both benchmark contracts were on track to record their first weekly gain in three weeks.
Asia stocks down after US losses, Iran strikes
Asia stocks down after US losses, Iran strikes TOKYO: Stocks in Asia fell sharply and oil prices rose early Monday (Jun 8) after Iran fired missiles at Israel and following heavy losses on Wall Street. At 9.53am Japan's Nikkei 225 was off 3.41 per cent at 64,318.06 points while South Korea's Kospi was down 6.81 per cent at 7,604.98. Brent crude was up 2.4 per cent at US$95.32 per barrel, while West Texas Intermediate was 2.3 per cent higher at US$92.59.