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Oil edges lower, but heads for weekly gain as Middle East supply risks persist
Oil prices saw a slight dip Friday but are set for weekly gains. US and Iran exchanged strikes, escalating regional tensions and impacting supply routes. Concerns over rising inflation are also pressuring oil demand and market prices. The conflict has delayed the reopening of the vital Strait of Hormuz waterway. Market sentiment remains cautious as leaders express hopes for de-escalation.
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channelnewsasia.com
Oil prices little changed as markets weigh impact of US strikes on Iran
July 9 : Oil prices were little changed on Thursday as markets assessed the impact of fresh U.S. strikes on Iran, which could hinder progress on talks to end their war and allow…
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economictimes.indiatimes.com
Oil Price Today (July 9): Crude oil nears $80, up for 3rd day as US launches fresh strikes on Iran. Hormuz supply in jeopardy?
Brent crude futures gained 78 cents, or 1%, to $78.8 a barrel while U.S. West Texas Intermediate (WTI) crude futures rose 74 cents, or 1.01%, to $74.26 a barrel. On Wednesday, the…
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Oil edges lower, but heads for weekly gain as Middle East supply risks persist
Oil prices saw a slight dip Friday but are set for weekly gains. US and Iran exchanged strikes, escalating regional tensions and impacting supply routes. Concerns over rising…
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Oil Price Today (July 10): Crude oil up 6% this week as US and Iran continue attacks. Where are prices headed?
Even with Friday's decline, both crude benchmarks were set to end the week higher. Brent was on course to gain about 6%, while WTI was poised to rise nearly 5%.
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timesofindia.indiatimes.com
Oil stocks today: Crude slips but heads for weekly gains as US-Iran conflict keeps supply fears alive
Oil prices edged lower in early trade on Friday but remained on course for strong weekly gains as renewed military exchanges between the United States and Iran kept concerns over…
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Oil heads for weekly gains as Middle East supply risks persist
LONDON, July 10 : Oil prices rose on Friday and were on track for weekly gains as renewed U.S.-Iran fighting disrupted shipping in the Strait of Hormuz, stoking concerns over…
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Oil heads for weekly gain as Middle East supply risks persist
NEW DELHI, July 10 : Oil prices rose on Friday and were set for weekly gains because of renewed fears of supply disruptions from the key Middle East producing region after renewed…
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thehindubusinessline.com
Oil edges lower, but heads for weekly gain as West Asia supply risks persist
Oil prices dip but remain set for weekly gains amid ongoing West Asia supply risks and inflation concerns.
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oilprice.com
Oil Prices Set for Weekly Gain as Hormuz Tensions Escalate | OilPrice.com
Crude oil prices are heading for a weekly gain as renewed U.S.-Iran hostilities disrupt shipping through the Strait of Hormuz, although expectations of eventual diplomacy continue…
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thenationalnews.com
Oil prices set for weekly gain as renewed US-Iran hostilities drive volatility | The National
Exchange of attacks brings traffic through Strait of Hormuz to near halt