Oil falls to two-week low as Gulf supply outlook improves
LONDON, Sept 22 : Oil prices fell to a two-week low on Tuesday as prospects for increased oil supplies from the Gulf eased market concerns, with Iran signaling it could reopen the Strait of Hormuz within seven days and Saudi Arabia set to resume exports from its Red Sea port of Yanbu.The Brent crude futures N
Oil prices settle lower as crude flows from Middle East improve
HOUSTON, Sept 22 : Oil prices fell on Tuesday on increasing flows of Saudi crude with the restart of the East-West pipeline and ship movements through the Strait of Hormuz, through which 20 per cent of global supply moved before the US-Israeli war on Iran began in late February.Brent and US crude pared their
Oil falls on increased Gulf supply and hopes for US-Iran talks
PERTH, Sept 23 : Oil prices drifted lower on Wednesday as Saudi Arabia began restoring crude supply on a critical pipeline to the Red Sea and on hopes for a diplomatic solution to the US-Iran war through talks at the UN in New York.Brent crude futures fell 7 cents, or 0.07 per cent, to $99.18 a barrel as of 0
Oil falls on increased Gulf supply and hopes for US-Iran talks
PERTH, Sept 23 : Oil prices drifted lower on Wednesday as Saudi Arabia began restoring crude supply on a critical pipeline to the Red Sea and on hopes for a diplomatic solution to the US-Iran war through talks at the UN in New York.Brent crude futures fell 7 cents, or 0.07 per cent, to $99.18 a barrel as of 0
last updated on 23 Sep 04:00