Hormuz Stalemate Raises Risk of $120 Oil
The IEA says global demand will fall by 1.6 million barrels a day as maritime disruptions keep 8.3 million barrels of Gulf output shut in.
7 Articles
7 Articles
(New York = Yonhap News) Correspondent Kim Yeon-sook = On the 14th (local time), international oil prices... due to geopolitical risks stemming from the attack on an oil tanker in the Strait of Hormuz and the conflict between the U.S. and Iran...
Jefferies: Diesel Cracks Reveal the Real Oil Market Squeeze
Brent crude futures held near recent highs of $90 a barrel before fading to around $87 early Thursday morning, as traders awaited progress toward reopening the Strait of Hormuz. Stalled US-Iran negotiations and tightening global fuel supplies continued to support prices and concern some top energy experts, who warn of a looming supply shock. US-Iran talks remain deadlocked to end the week as the Trump administration maintains its blockade of Ir…
The IEA's forecasts for oil and the impasse in the talks - What OPEC says in its monthly report The post Oil falls to $88 with an eye on the Strait of Hormuz appeared first on in.gr.
Forbes, the world's most well-conceived business and economic magazine. News and indicators that can influence asset prices on Thursday, August 13 The post Pre-market: Cautious Optimism with Oil and American Inflation at the Attack apareceu primeiro em Forbes Brasil.
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