Oil prices declined on Tuesday, retreating from sharp gains in the previous session.
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Oil prices declined after closing sharply higher on Monday, as traders continue to assess the risk of immediate supply disruptions amid renewed tensions between the United States and Iran.
Futures for international benchmark Brent
crude for July delivery slid 0.60% to $113.77 per barrel Tuesday, while U.S. West Texas Intermediate
futures lost 1.35% to $105.06 per barrel. Brent and WTI settled 6% and 4% higher, respectively on Monday.
Oil prices rose Thursday, as investors continue to assess the latest developments in the Middle East amid concerns over renewed…
Oil markets are reacting to the impact of a U.S. decision to directly enter the Iran-Israel conflict.
Oil prices eased slightly on Tuesday after U.S. guidance for vessels transiting the Strait of Hormuz kept attention on tensions…
Crude oil prices fall sharply as energy markets remain on tenterhooks over effective closure of the Strait of Hormuz.
Brent crude futures were up $1.52 or 1.97 per cent to $78.53 a barrel as of 6am UK time. US West Texas Intermediate crude…
SINGAPORE: Oil tumbled more than 3 percent on Wednesday, reversing earlier gains as persistent Middle East volatility unnerved…
