Tag Archives: brent

Oil prices drop as escalating trade war clouds demand outlook

09 September, 2018 9:04 am 9:04 am

BEIJING (Reuters) – Oil markets dropped on Tuesday as the latest escalation in the Sino-US trade war clouded the outlook for demand, although concerns over tightening supply offered prices some support. Brent crude LCOc1 futures had declined 27 cents, or Read More

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Oil firm as Iran sanctions loom, but US seeks to prevent supply shortfall

09 September, 2018 9:03 am 9:03 am

SINGAPORE (Reuters) – Oil was steady on Tuesday, supported by looming US sanctions against Iran’s petroleum industry. But prices were capped by signs that increased supplies by other major producers, including the United States and Saudi Arabia, could make up Read More

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Oil prices climb as US drilling stalls, Iran sanctions loom

09 September, 2018 8:40 am 8:40 am

SINGAPORE (Reuters) – Oil prices rose on Monday as US drilling for new production stalled and as the market eyed tighter conditions once Washington’s sanctions against Iran’s crude exports kick in from November. US West Texas Intermediate (WTI) crude futures Read More

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Oil prices edge up on supply disruption worries

08 August, 2018 8:36 am 8:36 am

SINGAPORE (Reuters) – Oil prices rose on Tuesday as risks of supply disruptions from places such as Venezuela, Africa and Iran triggered expectations of a tightening market. International Brent crude oil futures LCOc1 were at $76.37 per barrel at 0215 Read More

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