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Oil prices settle lower as traders assess impact of winter storm on production
Oil prices edged lower as investors assessed U.S. winter storm production losses and rising geopolitical tensions between the U.S. and Iran.
Oil slides as Trump tones down threats against Greenland and Iran
LONDON, Jan 22 (Reuters) – Oil prices fell on Thursday, reversing the previous sessions’ gains, after U.S. President Donald Trump softened threats against Greenland and Iran, and as investors assessed the supply and demand outlook. Brent crude was down $1.25 cents, or 1.92%, at $63.99 a barrel at 1301 GMT. West Texas Intermediate for March […]
Oil climbs on concerns over potential Iranian supply disruption
LONDON, Jan 14 (Reuters) – Oil prices rose on Wednesday for a fifth straight session on fears of Iranian supply disruptions due to a potential U.S. attack on Iran and possible retaliation against U.S. regional interests. Brent futures were up 76 cents, or 1.2%, at $66.23 a barrel at 1411 GMT. U.S. West Texas Intermediate […]
Wall Street loses ground and oil prices tumble after OPEC+ says it will step up production
Wall Street dips as oil falls to a 4-year low and Warren Buffett announces plans to step down. Tech and energy stocks lead market declines.
